Analytical procedures are substantive tests that may be used to provide evidence about specific accounts and classes of transactions.

1. Describe three major types of comparisons the auditor might make in performing analytical procedures.
2. At what stages of the audit are analytical procedures performed and what purpose do they serve at each stage?
3. Rate these procedures in order of reliability - Bank statements, Confirmations received from banks, bank reconciliations done by accounting manager, general ledger account for cash.