Which of the following procedures aim to provide sufficient appropriate audit evidence on which to base conclusions at year-end when substantive procedures were performed at an interim date?
A)Roll-forward procedures
B)Analytical procedures
C)Auditing procedures
D)Interim procedures

Question

Quizplus · Accepted Answer

Roll-forward procedures aim to provide sufficient appropriate audit evidence by extending the procedures performed at an interim date to year-end. This is done by obtaining additional evidence for the period between the interim date and year-end. This helps to ensure that the audit evidence obtained at the interim date is still valid and relevant to the year-end conclusion. Analytical procedures and other auditing procedures may also be used to provide additional evidence, but roll-forward procedures are specifically designed to address the issue of performing substantive procedures at an interim date. Interim procedures refer to procedures performed at an interim date, and may not be sufficient on their own to provide appropriate audit evidence for year-end conclusions.

Which of the Following Procedures Aim to Provide Sufficient Appropriate