[Anonymous]

Okay, I feel dumb for asking this. BUT I get sooo confused… can someone put in simple terms what the difference between “analytical procedures” “substantive analytical procedures” “substantive procedures” is????

I thought analytical procedures are the board, overall “general” way to look at something – for example, comparing current year with last year’s results.

I also think that substantive analytical procedures means that this the nitty-gritty…for example, instead of just comparing sales this year to sales last year (which would be an analytical procedure)…a substantive analytical procedure would be getting into more detail, so, for example, looking at a particular customer and their amounts.

And for substantive procedures, this is just testing?? Like tests of details??

Aghhhh I don’t know why this is so confusing to me!!!! Please someone help 🙁

[JTS254]

This thread had some really good explanations….

https://www.another71.com/cpa-exam-forum/topic/substantive-testings-and-analytical-procedures

FAR - 84
BEC - 89
AUD - 93
REG - 87

[Author]

Replies