Webinar

Audit 305: Strengthening Substantive Analytic Procedures

If you have questions about this event, please call us at 952-831-2707.

Thursday, April 17, 2025
10 a.m.-noon Central
2 CPE (2 technical)

Course code: 25WX-0226
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Substantive Analytic Procedures - Strengthening Evidence to Satisfy Audit Objectives will provide the tips and best practice techniques for strengthening substantive analytic procedures in order to reduce over-reliance on tests of details. 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. Note: This course is recommended as a part of a 16-hour audit skills curriculum for in-charge or supervisor auditors, while it is also appropriate for anyone who has responsibilities for analytical procedures. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Major subjects

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

Determine how analytic procedures can enhance audit quality
Choose elements of strong analytic procedures that can eliminate or mitigate the need for extensive tests of details
Distinguish tips for improving documentation of the design, documentation and evaluation of substantive analytic procedures
Identify factors impacting the development of expectations and evaluation of results of substantive analytic procedures

Who should take this program?

Accountants responsible for strengthening analytic procedures for a more effective and efficient audit

Pricing

Standard Member Fee	$89.00
Standard Nonmember Fee	$89.00

Our records indicate you are a nonmember. If you register, you will be charged $89.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.