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preliminary analytical review

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › preliminary analytical review

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • November 14, 2014 at 2:27 pm #209973
    ASHOK
    Member
    • Topics: 64
    • Replies: 103
    • ☆☆

    could you please tell me what does this preliminary analytical review is ?and what is its use?and when do we use ?

    November 16, 2014 at 9:33 am #210363
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Consider the draft financial statements to determine areas that appear to deserve the particular attention of the auditor.

    It gives focus and direction

    It’s a major element of risk-based auditing

    Ok?

    November 16, 2014 at 6:16 pm #210508
    ASHOK
    Member
    • Topics: 64
    • Replies: 103
    • ☆☆

    ok ! sir and thank you so much

    means ratio analysis ,whether they appear reasonable or not,i was slightly confused so needed confidence
    thank you

    November 16, 2014 at 9:50 pm #210555
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Ok, no problem

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