24 paragraphs found
… the auditor’s general approach, for example, an emphasis on substantive procedures (substantive approach), or an approach that uses tests of controls as well as substantive procedures (combined …
… Performing substantive procedures at an interim date without … to perform substantive procedures at an interim date: The control environment and other controls. The availability at a later date of …
… considering the appropriate audit approach for designing and performing further audit procedures. For example, the … auditor may determine that: Only by performing tests of controls may the auditor achieve an effective response to … misstatement for a particular assertion; Performing only substantive procedures is appropriate for particular …
… When evaluating the operating effectiveness of controls upon which the auditor intends to rely, the auditor … evaluate whether misstatements that have been detected by substantive procedures indicate that controls are not operating effectively. The absence of …
… class of transactions without consideration of the related controls, then the auditor may determine that substantive analytical procedures alone provide sufficient appropriate audit evidence. On the other hand, if the assessed risk is lower because of the auditor …
… may be sought about the operating effectiveness of controls when the approach adopted consists primarily of tests of controls, in particular where it is not possible or … to obtain sufficient appropriate audit evidence only from substantive procedures. …
… The auditor shall design and perform tests of controls to obtain sufficient … of controls in determining the nature, timing and extent of substantive procedures); or Substantive procedures alone …
… If substantive procedures are performed at an interim date, the … auditor shall cover the remaining period by performing: substantive procedures, combined with tests of controls for the intervening period; or if the auditor …
… of the risk of material misstatement takes account of controls that the auditor plans to test, the extent of substantive procedures may need to be increased when the results from tests of controls are unsatisfactory. However, increasing the extent …
… the auditor may determine that: Performing only substantive analytical procedures will be sufficient to … of risk is supported by audit evidence from tests of controls. Only tests of details are appropriate. A combination of substantive analytical procedures and tests of details are most responsive to the assessed …