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At what stage of audit, auditor must perform analytical procedures?

A. Planning & Review stage

B. Only Review stage

C. Only planning stage

D. Only as substrative analytical procedure

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Question added by Wasim khan wazir , Finance Specialist , Mott Macdonald
Date Posted: 2016/03/01
Racquel Christine Perocho
by Racquel Christine Perocho , Accountant , KTC International LLC

Analytical procedures are used in planning, review and substatntive procedures.

I agree to all answers given by participants.

Shameer Nazir Madari
by Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)

Auditor must perform analytical procedures 

Only as substrative analytical procedure

manaf almas
by manaf almas , Auditor , DAR AL NUZUM PUBLIC ACCOUNTANTS

analytical procedures are used as Substantive test as well as substantive analytical review

Mohamed matar
by Mohamed matar , Finance Manager , ASG Group

A. Planning & Review stage

Majid Abdulrahman Mohammed  Al-Thorah
by Majid Abdulrahman Mohammed Al-Thorah , Senior Auditor , Grant Thornton

I think C. is correct

in planning stage need to perform analytical procedures for all assignment audit

Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes, Option A is the right answer.

Wasim khan wazir
by Wasim khan wazir , Finance Specialist , Mott Macdonald

ISA 520 state that analytical procedure must be perform at planning and review stage of audit. Option A is correct

Frank Mwansa
by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

Analytical procedures can be used at  three stages in the audit process.

 1. Planning stage

 2.   As a substantive procedure

 3. At the overall review stage

So the correct answer is A

حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

answer A  >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

QASIM KHAN
by QASIM KHAN , Admin & Finance Assistant , English Ville Academy

analytical procedures are used throughout the audit engagement – in audit planning , execution and review, the answer i think is A