Auditing standards require that analytical procedures be used during the
A)testing stage
B)completion stage
C)planning stage
D)engagement stage
E)reporting stage
F)both A and B
G)both B and C
H)both D and E

Question

Quizplus · Accepted Answer

Analytical procedures are required during both the planning stage to understand the entity and its environment, and the completion stage to assist in forming an overall conclusion on the financial statements.

Auditing Standards Require That Analytical Procedures Be Used During the