One of the ways to perform a more effective and efficient audit is to maximize the use of substantive analytic procedures in the detailed audit plan. This module will provide the tips and best practice techniques for strengthening substantive analytic procedures in order to reduce over-reliance on tests of details.

Major Topics:

  • How analytic procedures enhance audit quality
  • Elements of strong analytic procedures
  • Selecting the proper analytic, and altering the strength for the intended purpose
  • Disaggregating data to make more informed expectations
  • Evaluating the data used in generating expectations, including corroborating inquiry
  • Improving documentation, including evaluating sufficiency and appropriateness of the audit evidence obtained
  • Resolving significant differences resulting from analytic procedures and concluding on audit results


Learning Objectives
  • Discover and learn how analytic procedures can enhance audit quality.
  • Explore and explain elements of strong analytic procedures that can eliminate or mitigate the need for extensive tests of details.
  • Identify and describe tips for improving documentation of the design, documentation and evaluation of substantive analytic procedures.
  • Discover and discuss factors impacting the development of expectations and evaluation of results of substantive analytic procedures.
Last updated/reviewed: March 22, 2024

Included In Certifications

This course is included in the following Certification Programs:

13 CoursesAudit Training Certification - Level 2 - Experienced Staff

  1. Fraud Risk - Complying with Minimum Audit Requirements
  2. Best Practices for Identifying and Evaluating Audit Risk - Linking Risk to the Detailed Audit Plan
  3. Testing Internal Controls - Exploring Strategies for Verifying Operating Effectiveness
  4. Inquiry and Research - Improving Critical Audit Skills
  5. Auditing Investments - Understanding Risks and Procedures for the Most Common Investments
  6. Auditing Accounts Receivable - Focusing Procedures for Testing Existence and Valuation
  7. Auditing Liabilities, Including Long-Term Debt - Addressing the Risks of Completeness, Classification, and Disclosure
  8. Substantive Analytic Procedures - Strengthening Evidence to Satisfy Audit Objectives
  9. Sampling - Avoiding Common Mistakes on Financial Statement and Compliance Audits
  10. Desired Traits of a Star Performer - Visualizing How to Become an Exceptional Staff Auditor
  11. Professional Requirements for Assurance Providers, Including Independence - Understanding Critical Code of Professional Conduct Concepts
  12. Accounting Update - Hot Topics for Preparing Current Period Financial Statements
  13. Auditing & Attest Update - Hot Topics for Current Period Audits and Other Attest Services
12 Reviews (41 ratings)


Anonymous Author
Substantive Analytic Procedures: Strengthening Audit Evidence corse is a vital course for auditors seeking to bolster their analytical toolkit. Through meticulous examination of financial data and trends, it equips professionals with strategies to enhance audit effectiveness. By focusing on substantive analytics, it ensures thorough scrutiny of financial statements, providing auditors with robust evidence to meet audit objectives confidently. Essential for audit excellence.

Anonymous Author
The materials taught in the lessons did not cover what was being tested. In addition, the presentation slide did not include the materials needed to properly learn for the assessment. Overall, I am disappointed in this course.

Member's Profile
This course was more difficult than I expected. A good thing. I am a relatively new auditor and feel that this helped me distinguish between tests of details and substantive analytical procedures.

Anonymous Author
Very interesting topic, I really liked the case studies discussion, however think that questions for the exam were not adequately covered during the study.

Member's Profile
good course. well presented. the double entendre humorous questions should be fewer in number. Not a major distraction, but better if less frequent.

Member's Profile
The quiz was very difficult in my opinion. Really had to listen to the words spoken rather than the slides. But very informational.

Anonymous Author
This course was helpful and the information was useful. I would recommend this course to others.

Anonymous Author
The course is meaningful and informative which help me as auditor to strengthen audit evidence.

Anonymous Author
Great refresher and will plan to take again. Learning plan was well developed and helpful.

Member's Profile
The training was very reasonable. The instruction and instruction did really good job.

Anonymous Author
I enjoyed the course, and I found it very informative.

Anonymous Author
good course, needs better wording of the test questions

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.
Designed For: Accountants responsible for strengthening analytic procedures for a more effective and efficient audit.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
  Learning Objectives and Introduction to Substantive Analytical Procedures7:14
  Value of Substantive Analytics6:43
  Required Approach to Substantive Analytics6:09
  Differentiating Between Analytics Used on An Audit Vs. a Review Engagement11:33
  Strengthening Substantive Analytics7:33
  Improving Expectations12:40
  Exercise on Improving the Quality of Substantive Analytics10:53
  Improving Documentation of Substantive Analytics8:14
  Case Study-Testing Reasonableness of Revenues12:30
  Corroborating Inquiry5:24
  Evaluating Results11:50
  Substantive Analytic Procedures - Strengthening Evidence to Satisfy Audit Objectives1:40:43
  Slides: Substantive Analytic Procedures - Strengthening Evidence to Satisfy Audit ObjectivesPDF
  Substantive Analytic Procedures - Strengthening Evidence to Satisfy Audit Objectives Glossary/ IndexPDF