Analytical & Other Procedures

Analytical procedures involve the evaluation of financial information by studying plausible relationships among both financial and non-financial data, whereas other procedures can include various tasks such as inquiries, observations, and inspections that accountants undertake to corroborate financial statement assertions.

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Analytical & Other Procedures Overview lesson thumbnail Analytical & Other Procedures Overview Analytical & Other Procedures Objectives lesson thumbnail Analytical & Other Procedures Objectives Introduction to Analytical and Other Procedures lesson thumbnail Introduction to Analytical and Other Procedures Conducting Analytical Procedures lesson thumbnail Conducting Analytical Procedures Analytical Procedure Example lesson thumbnail Analytical Procedure Example Investigating the Results of Analytical Procedures lesson thumbnail Investigating the Results of Analytical Procedures Liquidity and Activity Ratios lesson thumbnail Liquidity and Activity Ratios Debt Covenants lesson thumbnail Debt Covenants Net Working Capital lesson thumbnail Net Working Capital Examples of Liquidity and Activity Ratios lesson thumbnail Examples of Liquidity and Activity Ratios Profitability Ratios lesson thumbnail Profitability Ratios Debt/Leverage Ratios lesson thumbnail Debt/Leverage Ratios Turnover Ratios lesson thumbnail Turnover Ratios Comparing Working Capital Metrics lesson thumbnail Comparing Working Capital Metrics Analytical & Other Procedures Summary lesson thumbnail Analytical & Other Procedures Summary Analytical & Other Procedures Practice Questions lesson thumbnail Analytical & Other Procedures Practice Questions

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Substantive Testing & Internal Controls
Module: 3 Concepts, 45 Lessons
Internal Controls & Information Technology Controls: Design, Testing, & Deficiencies Overview
0:50
Internal Controls & Information Technology Controls: Design, Testing, & Deficiencies Objectives
1:37
Introduction to Internal Controls and Information Technology Controls
1:49
Examples of Internal Controls
3:14
The Internal Control Process
7:40
Deficiencies in Internal Controls
13:02
Compensating Controls
4:43
Indicators of Material Weaknesses
4:21
Written Communication on Deficiencies
11:51
Deficiencies in the Design and Operation of Controls
7:36
Review of Internal Controls
7:01
IT Controls in an Audit
20:57
Internal Controls & Information Technology Controls: Design, Testing, & Deficiencies Summary
1:20
Internal Controls & Information Technology Controls: Design, Testing, & Deficiencies Practice Questions
17:46
Analytical & Other Procedures Overview
0:33
Analytical & Other Procedures Objectives
1:20
Introduction to Analytical and Other Procedures
2:07
Conducting Analytical Procedures
7:51
Analytical Procedure Example
1:53
Investigating the Results of Analytical Procedures
9:35
Liquidity and Activity Ratios
7:31
Debt Covenants
2:25
Net Working Capital
3:49
Examples of Liquidity and Activity Ratios
5:55
Profitability Ratios
6:17
Debt/Leverage Ratios
3:12
Turnover Ratios
5:16
Comparing Working Capital Metrics
2:10
Analytical & Other Procedures Summary
1:37
Analytical & Other Procedures Practice Questions
14:36
Substantive Testing Procedures Overview
0:42
Substantive Testing Procedures Objectives
1:59
Introduction to Substantive Testing Procedures
6:32
Risk of Material MIsstatement
2:43
Designing Audit Procedures
8:24
Selection of Audit Procedures
4:24
Timing and Extent of Audit Procedures
7:27
Summary of Audit Procedures and Assertions
7:10
Conducting Testing
13:44
Utilizing Analytical Procedures
18:23
Assertions, Potential Misstatements, and Subsequent Audit Procedures
3:01
Management Assertions
6:15
Substantive Procedures Based on Assertions
14:08
Substantive Testing Procedures Summary
1:23
Substantive Testing Procedures Practice Questions
10:34