Question: 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
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?
Step by Step Solution
3.39 Rating (158 Votes )
There are 3 Steps involved in it
The assurance provided by an analytical procedure performed as part of subst... View full answer
Get step-by-step solutions from verified subject matter experts
