|
Which statement is not correct? |
Analytical procedures
used in the planning phase of the audit are primarily directed at
understanding the client’s business and directing the auditor’s
attention to areas that may contain possible misstatements.
Analytical procedures
used in the completion phase are primarily aimed at assessing going
concern and secondarily aimed at directing the auditor’s attention
to areas that may contain possible misstatements.
Analytical procedures
must be used in the planning and completion phases of the audit and
are optional in the testing phase.
Analytical procedures
used in the completion phase are primarily aimed at directing the
auditor’s attention to areas that may contain possible
misstatements and secondarily aimed at assessing going concern.
|
Which statement is not correct? |
Analytical procedures
used in the planning phase of the audit are primarily directed at
understanding the client’s business and directing the auditor’s
attention to areas that may contain possible misstatements.
Analytical procedures
used in the completion phase are primarily aimed at assessing going
concern and secondarily aimed at directing the auditor’s attention
to areas that may contain possible misstatements.
Analytical procedures
must be used in the planning and completion phases of the audit and
are optional in the testing phase.
Analytical procedures
used in the completion phase are primarily aimed at directing the
auditor’s attention to areas that may contain possible
misstatements and secondarily aimed at assessing going concern.
