Event Description

Properly designing, documenting and evaluating results of analytic review procedures is critical for performing an effective and efficient audit engagement. This module will provide the tips and techniques necessary to gather sufficient appropriate audit evidence to support conclusions using analytic procedures common to financial statement audits.

Objectives

• Link preliminary analytic review results to assessed risk of material misstatement
• Perform final overall analysis of audit results
• Recall audit standard requirements, including minimum documentation for substantive analytic procedures
• Design typical substantive analytical procedures
• Identify quality control deficiencies in substantive analytic procedures