The application of analytical procedures to auditing: case study

Abstract

This study, developed in real context at the company Jorge Silva, Neto, Ribeiro & Pinho, SROC, Lda., has as target to analyze the practical application of the analytical procedures at its client ABD, SA, given the relative efficiency and effectiveness of the procedures applied and the scarcity of resources that the auditor is faced many times, in order to identify the benefits/limitations arising from its application or of his abandonment, respectively.
It was possible to respond through a qualitative methodology to a number of research questions that allowed us to know, understand and interpret the application of these audit procedures.
It was concluded that the application of analytical procedures in ABD, SA didn't add any speed in error and fraud detection, or contributed to time improvement in the development of the audit's work, for having been privileged a substantive approach for throughout the work.