Does the Knowledge of Unaudited Account Balances Adversely Affect the Performance of Substantive Analytical Procedures?
Description:
Auditors use substantive analytical procedures to make assertions about the adequacy and appropriateness of client balances. The analytical procedure process consists of auditors creating independent account expectations and corroborating unusual fluctuations through obtaining and evaluating additional audit evidence. Prior analytical procedure research has found that knowledge of clients' unaudited account balances biases auditors' expectations towards the current year figures. However, thi…
more
Date:
December 2009
Creator:
Pike, Byron J.
Partner:
UNT Libraries