Consider each of the basic judgmental methods for obtaining analytical evidence: - Comparative financial statement analysis -

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Consider each of the basic judgmental methods for obtaining analytical evidence:

- Comparative financial statement analysis

- Common-size financial statement analysis

- Ratio analysis 

Describe strengths of using these methods for gathering analytical methods and the limitations associated with using them instead of more advanced methods.

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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