Difference

Auditing

What's the difference between audit technique and audit procedure??

Vivek shukla

CA Inter

★ 8K+

08-Oct-21 10:32

567

Answers (1)

Best Answer

Audit Procedure is something an auditor does or should do in order to do audit. Audit Technique means how the Audit procedure is conducted. Audit Procedure means â??What you have to do.â?? & Audit Technique means â??How you will do it.â?? Ensuring receivables are correctly stated is the audit procedure. Confirmation will be one of the technique

Sudha Reddy

CA Final

★ 20K+

09-Oct-21 09:52