Analytical Procedures  

AU-C 520, Analytical Procedures, addresses auditor responsibilities related to the use of analytical procedures as substantive procedures in audit engagements. The guidance also addresses designing and performing analytical procedures near the end of the audit that assist the auditor when forming an overall conclusion about whether the financial statements are consistent with the auditor's understanding of the entity. Note: Reporting of CPE credit to a CPA's state board is the responsibility of the CPA. Subscribers to CPE Network report may not receive duplicate credit for this material, if the user has already received credit when completing CPE Network. Please reach out to Checkpoint Learning customer support if you have any additional questions.