The thesis focuses on problematics of audit of financial statements. Auditor has to give opinion on financial statements after proper assessment through audit testing, whether financial statements are prepared in accordance with applicable accounting standards and give a true and fair view of the financial situation of the company. Substantive tests are important part of whole testing, which results in final opinion on financial statements. In first part of this thesis definition of audit and re... zobrazit celý abstraktThe thesis focuses on problematics of audit of financial statements. Auditor has to give opinion on financial statements after proper assessment through audit testing, whether financial statements are prepared in accordance with applicable accounting standards and give a true and fair view of the financial situation of the company. Substantive tests are important part of whole testing, which results in final opinion on financial statements. In first part of this thesis definition of audit and regulation of audit in Czech Republic is analyzed. Next part of thesis describes proces of audit engagement. The main part of thesis consists of chapters analyzing substantive testing in general and use substantive procedures during testing of receivables and payables sections. |