What are analytical procedures?

تجزیاتی طریقہ کار کیا ہیں؟

Substantive tests designed to study relationships between financial and non-financial data

Substantive tests designed to assess control risk

Substantive tests designed to evaluate the validity of management’s representation letter

None of these

Analytical procedures involve comparing financial and non-financial data to identify trends, inconsistencies, or unusual variations.

These tests help auditors detect potential misstatements and assess the reasonableness of financial information.