Analytical Procedures - Audit Guide
How-to for analytical procedures used in audits, with requirements and practices.
Format
Subscription
Availability
1 year
Product Number
WANXX12
This guide is also available in a print edition.
In collaboration with Mimeo, this publication is now available as a print-on-demand, black-and-white version of the ebook. You’ll be passed onto the Mimeo website to complete your transaction. If you have questions about the Mimeo website or your order, email help@marketplace.mimeo.com or call (901) 566-8900.
To purchase the ebook version of this guide, go here.
Better audit engagements start with good analytical procedures
Analytical procedures are a key part of the audit process. This guide contains core takeaways from applicable standards and other technical sources. It summarizes the auditor’s requirements and delivers how-to advice and examples for handling the four phases of performing analytical procedures:
- Forming an expectation
- Identification of unusual differences from expectations
- Investigation of the causes
- Evaluation of the likelihood of material misstatement and determination of further audit procedures
A case study is included to illustrate the use of analytical procedures, demonstrating real-world applications of the guidance.
Edition updates
This guide has been revised for:
- SAS No. 142, Audit Evidence
- SAS No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement
Key Topics
- Planning and substantive testing
- Key provisions of the risk assessment standards
- Trend analysis, ratio analysis, reasonableness testing, and regression analysis
- Case study illustrating the four types of expectation methods
- Financial ratios
Who Will Benefit
Practitioners who perform audit engagements
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.