Question
Auditors often use analytical procedures as substantive procedures to reduce detection risk relating to specific financial statement assertions. Explain FOUR (4) factors that determine the
Auditors often use analytical procedures as substantive procedures to reduce detection risk
relating to specific financial statement assertions.
Explain FOUR (4) factors that determine the extent of reliance that the Auditors may place
on analytical procedures to reduce detection risk. (8 marks)
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Corporate Financial Accounting
Authors: Carl S Warren, Jeff Jones
16th Edition
0357510380, 978-0357510384
