Understanding Analytical Procedures
By the end of the workshop participants should have an understanding of what analytical procedures involve and how to use those procedures to gather audit evidence and how to use them at the mandatory stages of planning and completion.
- What are analytical procedures?
- When must we use analytical procedures?
- Preliminary analytical review
- Final analytical review
- Using analytical procedures at the testing stage
- Using the E.C.I.S.C. procedures from ISA+520
- Recording of audit evidence
- Analytical procedures (ISA +520) focusing on the fieldwork incorporating:
- Trend analysis
- Ratio analysis
- Reasonableness tests
- Proof in total
Relevant examples, quiz questions and mini case studies will be used to check your understanding.
Who should take the course
The workshop is suitable for anyone who has recently become involved in or is about to become involved in auditing.
The relevance of the workshop will depend upon participants' practical experience, but it is designed as an introduction to the principles involved and covers the main types of analytical procedures at the testing stage and the mandatory analytical reviews at the planning and completion stages.
Flexible solutions
We offer a range of solutions to meet your training needs. To discuss your memberships or bespoke packages needs contact us on 0330 058 7141 or email us.
