Refer to the Auditing in Practice feature Weaknesses in Performing Substantive Analytical Procedures: The Case of Deloitte's

Question:

Refer to the Auditing in Practice feature "Weaknesses in Performing Substantive Analytical Procedures: The Case of Deloitte's PCAOB Inspection Report." Describe the errors that Deloitte's auditors made with regard to conducting substantive analytical procedures for inventory. Explain the potential implications of their errors.