compliance procedures : sir,is there any difference between compliance procedures and test of controls? if yes,please explain

Questions › Category: SA-330 › compliance procedures : sir,is there any difference between compliance procedures and test of controls? if yes,please explain

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Sonal asked 6 years ago

sir,is there any difference between compliance procedures and test of controls? if yes,please explain

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Ravi Staff answered 6 years ago

SA 330 uses words test of controls
compliance procedures also means the same, this word is used in old icai theory
compliance testing may also mean checking compliance with law / regulations / code of conduct of company etc. so interpret word compliance keeping in mind context in which it is written