Sentence examples for substantive audits from inspiring English sources

Regulatory initiatives that followed from the aftermath of Enron, such as an increased focus on management incentives for fraudulent reporting and greater in-depth analysis of internal controls, may provide a viable foundation for reconsidering business risk methods and melding the best of traditional substantive audits with the best of business risk auditing.

This case is designed to help you to understand one of the fundamental concepts underlying audits of financial statements: the impact of testing controls on the substantive audit testing to be conducted.

In this case, you will assess the trade-offs between the various types of auditing procedures (tests of controls, substantive analytical procedures and tests of details) to determine the optimal audit strategy.

Also, the audit concluded, Mr. Wilson played a substantive role in the awarding of the contract, despite having vowed to recuse himself from any state business involving former clients.

Aside from these substantive findings, unlike many studies using the AUDIT questionnaire, we were able to investigate an aspect of the validity of this instrument.

All authors used 'memoing' techniques to create an ongoing audit trail to document study findings and to track methodological and substantive decisions made during the analysis.

IRI posted a comprehensive response to the audit on its Website today, stating that it takes the report seriously but taking "substantive exception" to the findings on the institute's accounting practices.

"Be substantive".

There are substantive issues.

It was substantive.

To be made substantive.