Week 8 - Analytical Procedures Flashcards
(2 cards)
1
Q
When would you use analytical procedures?
A
At the planning stage of the audit, during the audit (fieldwork) and at the end (completion) to ensure all your conclusions are adding up
2
Q
What do auditing standards say?
A
You must carry out analytical review during planning and completion. Fieldwork is option but should be done anyway