Description
Analytical procedures evaluate financial information through examination of plausible relationships among both financial and non-financial data. They also encompass such investigation, when necessary, of the identified fluctuations or relationships that are inconsistent with other relevant information or that differ from expected values by a significant amount.
Highlights
Review of the appropriate audit and review standards
Identifying appropriate analytical procedures in the circumstances
Developing expectations
Designing and performing analytical procedures
Investigating results of the procedures performed
Introduction to data analytics
Objectives
- Recognize financial statement areas where analytical procedures can be used effectively
- Detemine the appropriate procedures to perform and which financial ratios and benchmarks to evaluate in consideration of the company's industry statistics and the economic environment
- Identify the circumstances when additional investigation of the results of the procedures is required
Designed For
Accountants and CPAs that perform audit and review engagements
Registration for this course has passed.
Course Pricing
WYOCPA Member Fee
$150.00
Non-Member Fee
$201.00
Your Price
$201.00
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