(c) Explain the extent to which you should plan to place reliance on analytical procedures

(c) Explain the extent to which you should plan to place reliance on analytical procedures as audit evidence.

(6 marks)

(c) Extent of reliance on analytical procedures as audit evidenceTutorial note: In the requirement ‘… reliance … as audit evidence’ is a direction to consider only substantive analyticalprocedures. Answer points concerning planning and review stages were