Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the difference between compliance testing and
substantive testing?

Answer Posted / labstery

In compliance testing you gather evidence with the objective
of testing an organization's compliance with control
procedures, eg. when you run a report to verify that certain
controls had been applied over a database table.
In substantive testing, you gather evidence to evaluate the
integrity of data, a transaction or other information. eg.
you run a report to verify if the amount paid to vendors is
accurate.

Is This Answer Correct ?    59 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain the different advantages and disadvantages of internal audit?

1056


Explain about cross functional audits?

2486


Why does a systems auditor need to use professional judgement when selecting audit procedures?

1086


What do you know about KPMG?

4730


How to do an internal audit effectively?

1106


can external audit be seen as merely an overhead cost adding no value to the orgnisation

3335


How I can evaluate the internal control audit?

1226


How to Computation Advance Tax For First Quarter

2194


Explain the difference between internal audit and external audit?

1123


How can i disable closing stock in trial balnce in tally?

2687


Should the duty of creating a purchase order be segregated from the duty of creating a vendor?

2217


i want question papers audit staff selection examination

2325


what is the steel consumption per sq ft for ground plus 12 floors

1546


Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation. Thank you.

1463


Which books are helpful for practising accounting's most tricky sums?

1573