Which of the following is not a purpose of analytical procedures?
A) Understand the client's industry.
B) Reduce detailed audit tests.
C) Evaluate internal controls.
D) Assess the client's ability to continue as a going concern.

Question

Quizplus · Accepted Answer

Analytical procedures are used in auditing to understand the client's business and industry, reduce the extent of detailed audit tests, and assess the client's ability to continue as a going concern. They are not specifically used to evaluate internal controls, which is typically done through tests of controls.

Which of the Following Is Not a Purpose of Analytical