Which Three Are Substantive Tests?

The three types of substantive tests are analytical procedures, a test of details of transactions, and tests of details of balances.

What are some examples of substantive testing?

Examples of substantive testing

Verify that approved dividends exist by reviewing board minutes from the board of directors. Confirm that the balances in accounts payable are correct by contacting suppliers. Confirm that the balances in accounts receivable are correct by contacting customers.

What are the different types of substantive procedures?

There are two categories of substantive procedures - analytical procedures and tests of detail. Analytical procedures generally provide less reliable evidence than the tests of detail.