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Analytical procedures used in the review stage of an audit generally include: retesting control procedures that appeared to be ineffective during the assessment of control
Analytical procedures used in the review stage of an audit generally include:
- retesting control procedures that appeared to be ineffective during the assessment of control risk.
- performing tests of transactions to corroborate managements financial statement assertions.
- considering unusual or unexpected account balances that were not previously identified.
- gathering evidence concerning account balances that have not changed from the prior year.
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