Analytical procedures - A guide for practitioners
Learn more about analytical procedures for the planning, examination and final review phases of the audit process.
Analytical Procedures — A Guide for Practitioners discusses analytical procedures for each of the three phases of the audit:
- planning
- examination
- final review
This discussion takes place within the context of:
- Canadian Auditing Standards (CAS) 500 — the use of analytical procedures throughout the audit
- CAS 315 — analytical procedures for risk assessment and obtaining an understanding of the entity and its environment
- CAS 520 — analytical procedures auditors may employ in obtaining sufficient and appropriate audit evidence
You will learn about:
- understanding the use of analytical procedures
- how to use client financial information in the audit process
- addressing the more volatile results of smaller firms — in particular, how the techniques used in analytical procedures must be tailored to the environments in which they are used
- where professional judgment is needed in the application of these techniques
Who should attend?
- external auditors
- those looking to go back to public practice and refresh their general audit knowledge
