Surgent's Performing Effective and Efficient Analytical Procedures
Available Until
Self-study
2.00 Credits
Member Price $89.00
Non-Member Price $119.00
Overview
Analytical review procedures are performed in the preliminary and final stages of the audit. Auditors may also choose to perform analytical procedures as substantive tests. It is important to properly design and perform the procedures to ensure an effective and efficient audit engagement. This module will provide detailed guidance and methods for performing these techniques. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 2.)
Highlights
- Preliminary analytical procedures as risk assessment procedures
- Performing final analytical procedures to assess the conclusions reached during the audit and evaluate the overall financial statement presentation.
- When to use substantive analytical procedures for efficiency and effectiveness
- Establishing expectations for substantive analytic procedures
- Setting a threshold for differences
- Following up on differences from expectations
- Concluding on substantive analytical procedures
Prerequisites
None
Designed For
Accountants responsible for performing basic analytic procedures on audit engagements
Objectives
- Performing effective preliminary analytical procedures in the risk assessment process
- Performing a final overall analysis to assess the conclusions reached during the audit and evaluate the overall financial statement presentation.
- Planning and performing effective and efficient substantive analytical procedures
- Concluding on analytical procedures
Preparation
None
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by Surgent Professional Education. The course expires one year from the purchase date. Format = text only download.
Non-Member Price $119.00
Member Price $89.00