Describe in detail the type of substantive analytical procedures that would be used for these account balances and why this would be an effective test of the account balances.
Obtain the financial statements of a company with which you are familiar. The Annual report or 10K report of a publicly-traded company would be a great resource for this problem. Identify specific account balances for which substantive analytical procedures would be appropriate and discuss your reasoning for selecting these accounts. Describe in detail the type […]