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Monday, June 17, 2024 Live Webcast

Audit 305: Strengthening Substantive Analytic Procedures (X2-45688)

11:30 AM - 1:30 PM EDT

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2 CPE Credits in AA


Substantive Analytic Procedures - Strengthening Evidence to Satisfy Audit Objectives will provide the tips and best practice techniques for strengthening substantive analytic procedures in order to reduce over-reliance on tests of details. One of the ways to perform a more effective and efficient audit is to maximize the use of substantive analytic procedures in the detailed audit plan.


Accountants responsible for strengthening analytic procedures for a more effective and efficient audit


After attending this presentation, you will be able to...

  • Determine how analytic procedures can enhance audit quality
  • Choose elements of strong analytic procedures that can eliminate or mitigate the need for extensive tests of details
  • Distinguish tips for improving documentation of the design, documentation and evaluation of substantive analytic procedures
  • Identify factors impacting the development of expectations and evaluation of results of substantive analytic procedures


The major topics covered in this course include:
  • How analytic procedures enhance audit quality
  • Elements of strong analytic procedures
  • Selecting the proper analytic, and altering the strength for the intended purpose
  • Disaggregating data to make more informed expectations
  • Evaluating the data used in generating expectations, including corroborating inquiry
  • Improving documentation, including evaluating sufficiency and appropriateness of the audit evidence obtained
  • Resolving significant differences resulting from analytic procedures and concluding on audit results




Basic audit experience




Jennifer Louis

Jennifer F. Louis, CPA


Emergent Solutions Group

Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys