Which of the following is not a direct result of performing analytical procedures?
A) identify areas of potential misstatements
B) reduce detailed audit tests
C) understand the client's business
D) identify specific errors in the accounts

Question

Quizplus · Accepted Answer

Analytical procedures may identify areas of potential misstatements, help understand the client's business and reduce detailed audit tests, but they generally do not identify specific errors in the accounts as they are used to gain an overall understanding of the data and patterns, rather than to identify specific errors.

Which of the Following Is Not a Direct Result of Performing