Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN: 9781337619455
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: Cengage Learning
Question
Book Icon
Chapter 6, Problem 14RQSC
To determine

Introduction:

The kind of evidence that is used during an audit is called an analytical procedure. Such a procedure indicates probable problems occurring in the financial records of a client. And hence, should be investigated in a thorough manner.

To describe:

Infer the relationship between the analytical procedure of the auditor and the estimate of a client by referring to the given feature.

Blurred answer
Students have asked these similar questions
how personal experience or bias can affect an auditor's work?
What sources of information can auditors use in connection with deciding whether to accept a new client?
How might an auditor's individual characteristics affect his or her professional judgments about materiality?
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning
Text book image
Auditing: A Risk Based-Approach to Conducting a Q...
Accounting
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:South-Western College Pub