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bennymangan
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Posted: 06 May 2012 at 13:22 \| IP Logged

What is the difference between test of details and test of control?

Thanks and regards.

megan66
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Posted: 07 May 2012 at 16:23 \| IP Logged

From my understanding, test of controls is more likely to
do with Internal control, usually doesn't include $
dollar amount testing. For example, auditor may do test
of control to see if anyone in the company have access to
the filing room.

Test of details usually is related to specific account or
assertions. It tests for the numbers on the financial
statements or G/L or sub-ledgers. For example,auditor may
try to verify if the number booked for PPE is correct.

When you see the evidence is related to numbers, it
should be test of details, if no numbers, it probably is
test of internal control.

bennymangan
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Posted: 08 May 2012 at 00:27 \| IP Logged

So that means substatnative testing and test of the details are the same?

megan66
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Posted: 08 May 2012 at 10:27 \| IP Logged

substatnative testing includes Analytic procedures and
test of details together. Test of details is only part of
substantive testing.

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