Analytical Procedures: Methods and Evaluation 2024

Objectives:

• Recognize financial statement areas where analytical procedures can be used effectively • Determine the appropriate procedures to perform and which financial ratios and benchmarks to evaluate in consideration of the company's industry statistics and the economic environment • Identify the circumstances when additional investigation of the results of the procedures is required

Major Topics:

• Review of the appropriate audit and review standards • Identifying appropriate analytical procedures in the circumstances • Developing expectations • Designing and performing analytical procedures • Investigating results of the procedures performed • Introduction to data analytics

Major Topics:

• Review of the appropriate audit and review standards • Identifying appropriate analytical procedures in the circumstances • Developing expectations • Designing and performing analytical procedures • Investigating results of the procedures performed • Introduction to data analytics

Designed For:

Accountants and CPAs that perform audit and review engagements.

Prerequisites:

None