When conducting detailed substantive procedures, auditors search for evidence that
A) the client's internal control system is operating effectively.
B) all transactions have been recorded in the correct accounts.
C) no fraud has occurred during the year.
D) they have remained independent of their clients.

Question

Quizplus · Accepted Answer

The purpose of detailed substantive procedures is to gather evidence that all transactions have been recorded in the correct accounts, ensuring the completeness and accuracy of financial statements. The other options are not the primary focus of substantive procedures.

When Conducting Detailed Substantive Procedures, Auditors Search for Evidence That