When performing a substantive analytical procedure related to interest expense,the auditor will likely not test the client's internal controls.

Question

Quizplus · Accepted Answer

Substantive analytical procedures are used to obtain assurance about a financial statement assertion by evaluating financial information through analysis of relationships among both financial and non-financial data. This method does not involve testing of internal controls, making option A correct.

When Performing a Substantive Analytical Procedure Related to Interest Expense,the