Revenue Audit Procedures. At the top of the income statement, ... If your internal controls are weak, substantive testing will be more rigorous.

If the auditor does not plan to rely on controls to lower the amount of substantive work to be performed, or if substantive procedures will provide sufficient appropriate audit evidence for the audit ...

Major Controls & Audit Procedures for the Audit of Inventory Cycle. Inventory is a large part of the auditing process for companies with physical goods. Inventory is a substantial portion of total ...

Paragraph .33 of AU-C Section 315 sets out requirements regarding the documentation of risk assessment procedures. Paragraphs 1.48–1.56 of this guide discuss matters related to documenting ADAs.