AUE3761 Class: An introduction to substantive procedures| How to formulate substantive procedures

Welcome to our AUE3761 class, where we delve into the essential topic of substantive procedures in auditing. In this video, we provide a comprehensive introduction to substantive procedures, focusing on how to effectively formulate them.
Key Topics Covered:
What are Substantive Procedures?
Definition and purpose of substantive procedures in the audit process.
The importance of substantive procedures in detecting material misstatements.
Types of Substantive Procedures:
Test of details: Understanding the specifics.
Analytical procedures: How to analyze financial data.
Formulating Substantive Procedures:
Step-by-step guide to designing effective substantive procedures.
Factors to consider when formulating procedures.
Examples of well-formulated substantive procedures.
Application in Real-Life Audits:
Practical examples and case studies.
Common pitfalls and how to avoid them.
Best Practices:
Tips and tricks for auditors.
Ensuring compliance with auditing standards.
By the end of this video, you will have a solid understanding of how to formulate and apply substantive procedures in your audits, enhancing your skills and knowledge as an auditor.
Who Should Watch:
Auditing students, especially those taking AUE3761.
Aspiring auditors looking to deepen their understanding of substantive procedures.
Professionals seeking a refresher on audit techniques.
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[@poppyphewa6398]

Your videos are soo helpful, we hardly attend CLASSES because of work but as soon as i open your videos i grasp alot of information. Please provide me with more platforms to get assistance from you. I only had 2 weeks to prepare for my exam and listening to this summarised every important espect and helped me boosted my confident, thank you so much.