23WC-0602: Analytical Procedures: Methods and Evaluation (Webinar)

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

Friday, September 22, 2023
10:00am - 1:30pm Central Time
4 CPE (4 technical)

Analytical procedures evaluate financial information through examination of plausible relationships among both financial and non-financial data. They also encompass such investigation, when necessary, of the identified fluctuations or relationships that are inconsistent with other relevant information or that differ from expected values by a significant amount.

Major subjects

• Review of the appropriate audit and review standards
• Identifying appropriate analytical procedures in the circumstances
• Developing expectations
• Designing and performing analytical procedures
• Investigating results of the procedures performed
• Introduction to data analytics

Learning objective(s)

• Recognize financial statement areas where analytical procedures can be used effectively
• Determine the appropriate procedures to perform and which financial ratios and benchmarks to evaluate in consideration of the company's industry statistics and the economic environment
• Identify the circumstances when additional investigation of the results of the procedures is required

Who should take this program?

Accountants and CPAs that perform audit and review engagements

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