G) Complete the Matrix below. [42 minutes]
(8 Different activities) for “Auditor Procedures for Construction Equipment”.
WARNING: This is NOT a test of internal controls; This is NOT a test of cash; This is NOT a test of receivables or inventory; this is a substantive test for dollars in the heavy equipment account!


From SAS 142 AU-C Section 500 Auditor Procedures for Construction Equipment (and related Depreciation)
 Inspect records and documents
(Report at least 4 procedures you would do)
 Inquiry

(Report at least 2 procedures you would do)
 External confirmation
(Report at least one procedure)
 Inspection of tangible assets
(Report at least one procedure)
 Observation of processes or procedures
(Report at least one procedure)
 Recalculation
(Report at least three procedures)
 Re-performance of procedures
(Report at least one procedure)
 Analytical procedures
(Report at least one procedure)