ISA (UK) 520 (Updated May 2022) Publication date: 20 May 2022 Effective from: 15 December 2019 Type: Standard: Format: PDF, 807.6 KB

International Standard on Auditing (ISA) 520, Analytical Procedures, should be read in conjunction with ISA 200, Overall Objectives of the Independent Auditor and the Conduct of an Audit in

International Standard on Auditing (ISA) 520 on analytical procedures deals with the auditor’s use of analytical procedures as substantive procedures and the auditor’s responsibility to perform analytical procedures when forming an overall conclusion on the financial statements.

ISA 520 458 Introduction 1. The purpose of this International Standard on Auditing (ISA) is to establish standards and provide guidance on the application of analytical procedures during an audit. 2. The auditor should apply analytical procedures as risk assessment procedures to obtain an understanding of the entity and its environment

International Standard on Auditing (ISA) 520, Analytical Procedures, should be read in conjunction with ISA 200, Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing.

One of the objectives of ISA 520 is that relevant and reliable audit evidence is obtained when using substantive analytical procedures. The primary purpose of substantive analytical procedures is to obtain assurance, in combination with other audit testing (such as tests of controls and substantive tests of details), with respect to financial ...

This International Standard on Auditing (ISA) 520 (Redrafted), “Analytical Procedures” was prepared by the International Auditing and Assurance Standards Board (IAASB), an independent standard-setting body within the International Federation of Accountants (IFAC).

International Standard on Auditing (Ireland) ISA 520 deals with the auditor’s use of analytical procedures as substantive procedures (“substantive analytical procedures”). Effective Date. ISA (Ireland) 520 is effective for the audits of financial statements for periods commencing on or after 17 June 2016, for which opinions are issued on ...

International Standard on Auditing (ISA) 520, “Anaytical Procedures” should be read in the context of the “Preface to the International Standards on Quality Control, Auditing, Review, Other Assurance and Related Services,” which sets out the application and authority of ISAs.

2015年1月18日 · ISA 520 require auditor to perform analytical procedure near the end of the audit that assist the auditor when forming an overall conclusion as to whether the financial statements are consistent with the auditor’s understanding of the entity.