"Substantive Tests" Please respond to the following: Discuss which approach to substantive testing you believe to be the most effective and indicate...

"Substantive Tests" Please respond to the following:Discuss which approach to substantive testing you believe to be the most effective and indicate why.Create a way, other than using confirmations, for an auditing team to substantiate account balances and how the firm should go about implementing the new approach.

Substantive testing involves detailed examination for determining the accuracy anddrawing the conclusion about the materiality of error amounts in accounts. The nature and extentof substantive...