Analytical procedures are one type of evidence-gathering procedure. According to auditing standards, there are five general forms of analytical procedures. Auditing standards also provide examples of five sources of information for analytical procedures.
Required:
A. Describe three of the five general forms of analytical procedures.
B. For each form, describe a typical source of the information for the form.
C. For each source, include any questions or concerns an auditor would have about the reliability or relevancy of the source.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q22: There are two kinds of audit programs:
Q27: A first audit requires more work than
Q31: Destroying working papers may prevent auditors from
Q33: Evidence that does not relate to one
Q35: Permanent audit files contain such documents as
Q37: Spoken and written representations given by the
Q42: Contrast the qualitative aspects of evidence in
Q43: Identify the three main types of audit
Q45: A first-time audit requires more work than
Q46: Define and discuss the evidence gathering technique
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents