Instructions: The form may be used to document the performance of a sustantive analytical procedures, including development of an expected amount, consideration of the effectiveness of the procedures, and evaluation of any difference. ASB-CX9.2 can be used to document calculations of ratios. You need to be familiar with Chapter 5 of the Guide before using this worksheet. Also, Chapter 9 gives guidance on using software to perform analytical procedures.

Describe the analytical procedures to ve performed. (Describe the expectation and important matters considered in developing it.)

Describe data to be used in the test and evaluate its reliability. (Indicate whether the source in external; internal financial data; or internal nonfinancial or operating data and whether it is independent of those responsible for the amount being tested. For internal financial or nonfinancial data, indicate how you considered its accuracy and completeness)

Indicate the degree of assurances desired of assurance desired from the test. (The higher the risk related to the amount or transaction class being test by the analytical procedure, the most assurance needed from the procedure, and the more effective the procedure needs to be. Conversely, the lower the risk, the less assurance need from the analytical procedures, and the less effective it can be.)

High Assurance___________ Moderate assurance ________________ Low assurance _________________