Measurement and Review of Financial Performance @ [4.23] [App B.05] 4. Consider the following matters: key ratios and operating statistics; key performance indicators; employee performance measures and incentive compensation policies; trends, forecasts, budgets, variance analysis, and competitor analysis; and period-on-period financial performance (revenue growth, profitability, and leverage). a. Document your understanding of how your client's management measures and reviews the entity's performance to determine whether performance is meeting their objectives: Enter text b. Document procedures performed to update your understanding: Enter text c. Document changes to your understanding in the current period: Enter text d. Document all risks identified at the assertion level in the risk assessment worksheet