Analytical procedures during risk assessment may identify negative trends such as working capital deficiencies, adverse key financial ratios, and decreasing cash flow from operations

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Analytical procedures during risk assessment can identify negative trends in a company's financial statements, including working capital deficiencies, adverse financial ratios, and decreasing cash flow. These trends can indicate potential financial risks and help auditors plan their audit procedures accordingly.

Analytical Procedures During Risk Assessment May Identify Negative Trends Such