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What procedures will be used to collect accounting evidence

What procedures will be used to collect accounting evidence?

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There are two main types of evidence, evidence that controls exist and are working (control tests) and evidence of transactions and balances (substantive tests). The procedures depend on the type of tests.

Procedures to gather control evidence:

Ways auditors gather evidence (or ...

Solution Summary

There are two main types of evidence, evidence that controls exist and are working (control tests) and evidence of transactions and balances (substantive tests). The procedures depend on the type of tests. This is discussed and the ways to collect evidence are given.

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