d. and count correctly using Excel b. Auditor check the certificate in order to check whether land in the statement of financia position do indeed belong to the company c. Restricted cash that are used for pay upcoming loan due must be disclosed in the notes to financial statement d. Auditor go to far island and found that client plantation in there is real. e. The inventory purchases transaction really occur and the purchase order is cross checked f. The company depreciated machinery using the double declining balance method and auditor has calculate the depreciation expense, no material different found. g. Auditor examine the inventory purchase agreement between client and supplier in order to distinguuich Invontorios that bouaht concianment from cupplier are not included

Listed in the table below are some common audit procedures. For each procedure below: Identify whether it is a test of control (TOC), substantive test of transaction (STOT), analytical procedure (AP) or a test of details of balances (TODOB). Write your answer in the 2nd column of the table below.  State one audit objective that is being satisfied. Write your answer in the 3rd column of the table below.  Procedure (a) Type of Test (b) Audit Objective Example: Compare the quantity and description of items on duplicate sales invoices with related shipping documents. STOT Accuracy 1.Foot the list of accounts payable and trace the balance to the general ledger.           2. Account for the sequence of purchase orders             3. Select a sample of purchase transactions from purchase journal and trace them to vendors’ invoices and statements       4. Exam cash payments subsequent to the balance date to see if they are related to unrecorded…

d) Name the four types of tests auditors normally perform in an audit after risk assessment is done.

Explain each type of audit opinion and give a specific example of when that type of opinion that may be issued.