What is the meaning of "Compliance Test"?

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Why is Compliance testing of control important during audit exercise?
Posted by:
Jimoh Adeyera
28-December-2014

Accounting Auditing Financial Reporting Financial Accounting Financial Management

Question added by Deleted user
Date Posted: 2014/08/22

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1 Answers

by sameer parkar , Senior Accountant , Al Andalus Trading Company

Manner of furnishing reasonable assurance that internal accounting control procedures are being applied as prescribed so that the auditor is assured of the validity of underlying evidence.

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