Final analytical procedures are intended
A)to corroborate audit evidence obtained during the audit only
B)to corroborate audit evidence obtained during the audit, and to confirm the financial statements are consistent with the auditor's revised expectations based on evidence evaluated during the audit
C)to refute audit evidence obtained during the audit, and to confirm the financial statements are consistent with the auditor's revised expectations based on evidence evaluated during the audit
D)to corroborate audit evidence obtained during the audit, and to confirm the financial statements are inconsistent with the auditor's revised expectations based on evidence evaluated during the audit.

Question

Quizplus · Accepted Answer

Final analytical procedures are used to confirm the financial statements are consistent with the auditor's revised expectations based on evidence evaluated during the audit. They are meant to corroborate the audit evidence obtained during the audit and provide overall assurance that the financial statements are reliable.

Final Analytical Procedures Are Intended