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Analytical review procedures (ARP) are an important part of an audit of financial statements. Required Explain what the CAS requirements are with respect to ARP

Analytical review procedures (ARP) are an important part of an audit of financial statements.

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Explain what the CAS requirements are with respect to ARP at the various stages of an audit.

Why are these requirements in place?

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In the context of auditing financial statements Analytical Review Procedures ARP refer to the evaluation of financial information through analysis of plausible relationships among both financial and n... blur-text-image

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