Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
10th Edition
ISBN: 9780077732509
Author: William F Messier Jr, Steven M. Glover Associate Professor, Douglas F. Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 17, Problem 17.6RQ
To determine

Concept Introduction:

Analytical procedure is applied to compare the trend of financial item. This procedure helps the auditor to identify the material variances and audit areas that need special considerations. The audit uses technical or non technical methods to perform this analysis.

To indicate:The relevance of analytical procedure of overall financial statements.

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