The primary reason for performing analytic procedures in audit planning is to identify accounts that may contain misstatements and to design an audit that will respond to the risk of material misstatement.

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Analytic procedures in audit planning are used to understand the client's business and to identify potential risk areas by comparing financial and non-financial data. This helps in designing an audit approach that focuses on accounts at risk of material misstatement.

The Primary Reason for Performing Analytic Procedures in Audit Planning