Prior to beginning work on this discussion forum, read Chapters 3 and 5 in the course textbook.
Analytical procedures are substantive procedures that may be used to provide evidence about specific accounts and classes of transactions. Address the following in your discussion post:
Explain the different types of analytical procedures.
Describe three major types of comparisons the auditor might make in performing analytical procedures.
At what stages of the audit are analytical procedures performed, and what purpose do they serve at each stage?