List each of the five types of audit tests and list at least two types of evidence that may be obtained from each type of test.

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List each of the five types of audit tests and list at least two types of evidence that may be obtained from each type of test.


Answer:

• Procedures to obtain an understanding of internal control - documentation, observation, inquiries of the client, and re-performance.
• Tests of controls - documentation, observation, inquiries of the client, and re-performance.
• Substantive tests of transactions - documentation, inquiries of the client, and reperformance.
• Analytical procedures - inquiries of the client and analytical procedures.
• Tests of details of balances - physical examination, confirmation, documentation, inquires of the client, and reperformance.

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