Surgent's Performing Effective and Efficient Analytical Procedures

Available Anytime

Location: Online

2Credits

Accounting and Auditing

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$119.00 Regular Price

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Product Code: SU24-A2S8-SSWC

Level: Basic

Vendor: Surgent

Field of Study: Auditing

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.)

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

Major Topics:

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

Designed For:

Accountants responsible for performing basic analytic procedures on audit engagements

Prerequisite:

None

Additional Info:

You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.