Analytical Procedures: Methods and Evaluation 2024

Monday, December 02, 2024
Webcast or Webinar, Online
11:00AM - 2:30 PM (opens at 10:30AM) EST
4Credits

Registration is Open

Members
$159.00 Regular Price
Non-Members
$209.00 Regular Price

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$80.00 Members / $112.00 Non-Members
Course Type: Webcast
Course Code: 24/6125225
Level: Basic
Vendor: California CPA Education Foundation
Field of Study: Auditing, Accounting

Overview:

Analytical procedures evaluate financial information through the 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.

Objectives:

• Recognize financial statement areas where analytical procedures can be used effectively • Determine 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

Major Topics:

• 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

Major Topics:

• 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

Designed For:

Accountants and CPAs that perform audit and review engagements.

Prerequisites:

None