Audit – Practice Questions on Audit Procedures – Part 3 | Accounting & Bookkeeping Online Course by Udemy

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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 proceduresAnalytical proceduresComputer assisted audit techniques CAATMethods of obtaining audit evidence for substantive testingThe significance of the audit of Statement of Financial Position itemsSubstantive audit procedures to verify Share Capital and ReservesSubstantive audit procedures to verify Non Current LiabilitiesSubstantive audit procedures to verify Current LiabilitiesSubstantive audit procedures to verify Accruals, Provisions and ContingenciesSubstantive audit procedures to verify Non-Current Assets – Property Plant and EquipmentIntangible AssetsSubstantive audit procedures to verify Intangible AssetsSubstantive audit procedures to verify Current Assets- Current Assets – Inventory- Trade Receivables- Prepayments- Bank and Cash BalancesThese 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 ProceduresWho should enroll: ACCA studentsCA studentsBS, BBA studentsBachelors in Commerce B com studentsCSS studentsOthers who want to learn audit

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