Why is it important that an auditor develop an expectation of the account balance when performing substantive analytical procedures about the reasonableness of an account balance? What are the audit documentation requirements when performing a substantive analytical procedure?
Chapter 7, Review Questions #12
Why is it important that an auditor develop an expectation of the account balance when performing substantive analytical procedures about the reasonableness of an account balance? What are the audit documentation requirements when performing a substantive analytical procedure?
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The assurance provided by an analytical procedure performed as part of substa…View the full answer
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Auditing And Assurance Services An Integrated Approach
17th Edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley
ISBN: 9780135176146