Back to the trackExternal Audit Associate

Analytical procedures: expectation before explaining a deviation

A strong analytical procedure builds an independent expectation from an economic relationship and tested data, presets precision and threshold, disaggregates variance and tests quantified explanations. When model precision cannot detect tolerable error, analytics direct detail work rather than replace it.

Lecture preview

What this lecture contains

  1. Accounting learning outcomes
  2. Accounting case and facts
  3. Accounting treatment
  4. Supporting documents
  5. Worked cases and entries
  6. Posting and controls
  7. Required workpaper
  8. Work files and downloads
  9. Test the treatment with other figures
  10. Staged accounting case
  11. Treatment and review errors
  12. Error log
  13. Treatment and control summary
  14. Professional question
  15. Check your understanding
  16. On video

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