Audit - Practice Questions on Audit Procedures - Part 3

Audit - Practice Questions on Audit Procedures - Part 3

Are you preparing for audit and assurance exam of ACCA, CA, CMA, CPA, BS etc.?

Do you want to learn the Audit Procedures AP that auditors perform during audit activities to gather audit evidences?

These practice test questions are designed around the following topics of Audit and Assurance AA:

• Substantive procedures

• Analytical procedures

• Computer assisted audit techniques CAAT

• Methods of obtaining audit evidence for substantive testing

• The significance of the audit of Statement of Financial Position items

• Substantive audit procedures to verify Share Capital and Reserves

• Substantive audit procedures to verify Non Current Liabilities

• Substantive audit procedures to verify Current Liabilities

• Substantive audit procedures to verify Accruals, Provisions and Contingencies

• Substantive audit procedures to verify Non-Current Assets

  - Property Plant and Equipment

• Intangible Assets

• Substantive audit procedures to verify Intangible Assets

• Substantive audit procedures to verify Current Assets

  -  Current Assets - Inventory

  -  Trade Receivables

  -  Prepayments

  -  Bank and Cash Balances

These practice test questions will help you in test your knowledge and understanding about the topics mentioned, before exams.

After attempting these questions, you will be able to:

- enhance your knowledge about audit procedures of Assets, Liabilities and Equity

- revise the topics by attempting these questions

- identify your strong and weak areas in Audit Procedures

Who should enroll:

• ACCA students

• CA students

• BS, BBA students

• Bachelors in Commerce B com students

• CSS students

• Others who want to learn audit 

"Substantive Audit Procedures" performed by auditors - For the students of ACCA, CA, BBA, BS Finance, B Com etc.

Url: View Details

What you will learn

• Audit procedures used by auditors in annual or statutory audits
• Audit procedures related to Assets, Liabilities, Equity, Contingencies etc.
• Audit procedures to verify Non Current Assets, Current Assets, Non Current Liabilities, Current Liabilities, Share Capital, Reserves, Contingent Liabilities etc.

Rating: 5

Level: Intermediate Level

Duration: 96 questions

Instructor: Governance Risk and Compliance GRC