Analytical procedures are a type of substantive evidence.

Question

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Analytical procedures involve reviewing financial information and data to identify fluctuations, trends, or unusual patterns. These procedures are a form of substantive evidence that can provide important insights into the financial health of a company or organization. Through the use of analytical procedures, auditors and accountants can detect any potential errors, inconsistencies, or fraudulent activity that may be occurring in a company's financial statements.

Analytical Procedures Are a Type of Substantive Evidence