Learn key techniques and requirements regarding analytical procedures, which are one of the component audit procedures identified in the audit risk model and universally applied in every audit.
Understand how — with the entire engagement team involved in the design, performance, and evaluation of analytical procedures —the procedures can be an effective trap for fraud and error and can provide audit evidence.
As new staff, you will often be involved in the computational aspects of analytics. Understand how this close work may allow you to bring important insights and issues to light.