ISA 520. Analytical procedures

Abstract

Through this standard, the responsibilities of the auditor to perform analytical procedures to obtain audit evidence after detecting the audit risks are described. In reading this article will find an application guide and other explanatory notes, analytical procedures that facilitate the auditor to obtain an overall conclusion and, finally, a review of the results of analytical procedures. Overall, the standard references relevant aspects that must be taken into account as the appropriateness of specific analytical procedures for certain statements, reliability of data provided by the company and evaluation to determine expectations.