After attending this presentation, you will be able to...
- Analyze the nature, timing, and extent of planned audit procedures that can (and should) vary commensurate with assessed risk of material misstatement.
- Assess common deficiencies in performing and documenting further audit procedures, including tests of details.
- Recall tips for strengthening the design, documentation and evaluation of substantive analytic procedures.
- Recognize how to properly satisfy the requirement to evaluate and communicate internal control matters noted during the course the financial statement audit.