By performing a final analytical review,the audit firm will identify any unusual,unexpected,or unexplained relationships that should be resolved before the issuance of the audit report.

Question

Quizplus · Accepted Answer

This statement is true. A final analytical review is performed by the audit firm to identify any unusual, unexpected, or unexplained relationships that should be resolved before the issuance of the audit report. This is done to ensure that the financial statements are free from material misstatements or errors.

By Performing a Final Analytical Review,the Audit Firm Will Identify