Preliminary analytical reviews are performed to obtain an understanding of the business and its environment. Analytical procedures
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Preliminary analytical reviews are performed to obtain an understanding of the business and its environment. Analytical procedures are an important part of the audit process and are applied during the planning stages of the audit. Prepare a report addressing the following questions: How might an auditor effectively use preliminary analytical procedures in the audit of various expense accounts, such as miscellaneous expenses? How might this enable the auditor to better understand the business and its environment? How do computerassisted procedures impact this audit? Provide a introduction paragraph and conclusion pargraph.
Related Book For
Auditing and Assurance Services An Applied Approach
ISBN: 978-0073404004
1st edition
Authors: Iris Stuart
Posted Date: