Why for cutoff assertion substantive procedures are different from other assertions
Are you referring to the study material statement at 9.3? The substantive procedures for cut off assertion is different from that of completeness assertion, because the objective of both appear similar but are different. Completeness â?? all transactions and events that should have been recorded have been recorded have been included. Cutâ??off â?? transactions and events have been recorded in the correct accounting period. For example - Inventory with agent should be included in financial statement under completeness, but all GRNs raised before end of 31st March (year end) will be covered under cut-off.