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What are five types of procedures for obtaining audit evidences?

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Question added by hassan msemo , tourism , Kilisa Tours & Safaris
Date Posted: 2019/04/28
Zaheer Jaffer
by Zaheer Jaffer , Project Controller , Bombardier Transportation

interviews

observations

documents

analytical procedures based on the facts collected from various sources. 

substantive testing 

test of internal controls

 

 

Hayder Mutlag
by Hayder Mutlag , Human Resources Manager , Karwanchy Groub

Auditors shall design detailed audit programs, setting out the procedures that are appropriate to obtain sufficient appropriate audit evidence through the selected use of

  • inspection
  • observation
  • external confirmation
  • recalculation
  • re-performance
  • analytical procedures
  • inquiry [Nov-2011]

Audit programs shall be reviewed and approved before the start of the execution/examination phase. Any changes to an approved audit program shall be reviewed and approved on a timely basis.

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