Substantive test: An audit procedure that is designed to assess the accuracy and completeness of financial statements. It involves reviewing and testing transactions, balances, and account balances to determine if they are properly recorded and presented. Examples of substantive tests include reviewing supporting documentation for transactions and testing the accuracy of calculations in financial statements.
Categories: CC D5: Security Operations | CCSP D6: Legal - Risk and Compliance | CISM D3: Information Security Program | CISSP D6: Security Assessment and Testing | Security+ D5: Security Program Management and Oversight | SSCP D3: Risk Identification Monitoring and Analysis
« Back to Glossary Index