What is substantive testing and control testing

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Substantive testing involves testing the accuracy and completeness of financial information, while control testing evaluates the effectiveness of internal controls.

Substantive testing is used to gather evidence on the accuracy and completeness of financial information.
Control testing is used to evaluate the effectiveness of internal controls in place to prevent and detect errors or fraud.
Substantive testing includes procedures like analytical procedures, substantive analytical procedures, and tests of details.
Control testing involves testing the design and operating effectiveness of controls, such as segregation of duties and approval processes.
Both types of testing are important in an audit to provide assurance on the reliability of financial statements.

What is substantive testing and control testing

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