FEATURES OF APPLICATION OF ANALYTICAL PROCEDURES IN AUDIT

Abstract

Annotation: In domestic auditing practice, a number of organizational and methodological issues of audit, including the specifics of the methodology of applying analytical procedures, have not yet found a one-time solution. And the competitiveness of auditors often depends on their knowledge of analytical procedures. The article discusses the methods of analytical coefficients and the use of analytical procedures to identify trends, including the subsequent study of their changes and relationships. It was noted that these procedures provide good "general" evidence, and that the evaluation of articles can provide a sufficient amount of non-essential evidence. There are different approaches to the development of analytical procedures in the audit of financial statements, which allows you to assess the adequacy and feasibility of the existing system of detailed business management at different levels.