Analytical procedures used in the overall review stage of an audit generally include a. Gathering evidence concerning

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Analytical procedures used in the overall review stage of an audit generally include

a. Gathering evidence concerning account balances that have not changed from the prior year.

b. Retesting control procedures that appeared to be ineffective during the assessment of control risk.

c. Considering unusual or unexpected account balances that were not previously identified.

d. Performing tests of transactions to corroborate management's financial statement assertions.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:31 AM

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Analytical procedures used in the overall review stage of an audit generally include a. Gathering evidence concerning

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The correct answer is c Considering unusual or unexpected account balances th...View the full answer

Auditing An Assertions Approach

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