As part of the year-end audit and using the analytical-procedure approach similar to last year's audit (average

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As part of the year-end audit and using the analytical-procedure approach similar to last year's audit (average loan volume multiplied by weighted-average interest rate), determine if Northwest Bank's interest income from loans reported at December 31, 2014 appears fairly stated. Do the results of the analytical procedure indicate that you accept 2014 interest income as reported?
Yes ______No ______Please briefly explain your answer.
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Auditing Cases An Interactive Learning Approach

ISBN: 978-0133852103

6th edition

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

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