Maximizing Analytic Procedure Evidence – Adding Value Through Useful Financial Statement Analysis

Financial statement auditors need to be able to analyze financial results to not only enhance audit quality but also improve client service through being a better business advisor. Reading and interpreting financial information is a critical skill that this module will enhance.

Major Topics:

• Financial statement analysis, and communicating insights to financial statement users
• Improving audit quality through strong analytic procedures, including identifying and responding to risk of material misstatement
• Developing plausible expectations for comparison to actual financial results
• Detecting earnings management and other risks through analytic procedures