Question: Research auditing professional standards and list the requirements related to developing an expectation and conducting analytical procedures when those procedures are intended to provide substantive
Research auditing professional standards and list the requirements related to developing an expectation and conducting analytical procedures when those procedures are intended to provide substantive evidence. What are the advantages of developing an expectation at a detailed level (i.e., using disaggregated data) rather than at an overall or aggregated level?
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Some particularly relevant excerpts from AUC 520 are provided below A basic premise underlying the application of analytical procedures is that plausible relationships among data may reasonably be exp... View full answer
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