Auditors' use of analytical procedures in new and matured industries
There is significant evidence that analytical review procedures (ARPs) are increasingly being used by auditors in the audit process. Tandy (1992) found that there are various factors that affect the extensiveness to which ARP’s are being applied in the audit process. One of the prominent factors she...
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2014
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/55560 |
| _version_ | 1826122713048023040 |
|---|---|
| author | Chua, Meng Keong Ong, Chee Boon Tan, Theong Hee |
| author2 | Choo Teck Min |
| author_facet | Choo Teck Min Chua, Meng Keong Ong, Chee Boon Tan, Theong Hee |
| author_sort | Chua, Meng Keong |
| collection | NTU |
| description | There is significant evidence that analytical review procedures (ARPs) are increasingly being used by auditors in the audit process. Tandy (1992) found that there are various factors that affect the extensiveness to which ARP’s are being applied in the audit process. One of the prominent factors she highlighted in her study was the industry factor. We are of the view that auditors vary the extensiveness to which they utilize ARP’s when auditing firms operating in a new industry vis-à-vis firms operating in matured industry. This is because the two categories of industries possess significantly different sets of industry characteristics, which could affect many aspects of the accounts of individual firms. |
| first_indexed | 2024-10-01T05:52:59Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/55560 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:52:59Z |
| publishDate | 2014 |
| record_format | dspace |
| spelling | ntu-10356/555602023-05-19T06:24:07Z Auditors' use of analytical procedures in new and matured industries Chua, Meng Keong Ong, Chee Boon Tan, Theong Hee Choo Teck Min Nanyang Business School DRNTU::Business::Accounting There is significant evidence that analytical review procedures (ARPs) are increasingly being used by auditors in the audit process. Tandy (1992) found that there are various factors that affect the extensiveness to which ARP’s are being applied in the audit process. One of the prominent factors she highlighted in her study was the industry factor. We are of the view that auditors vary the extensiveness to which they utilize ARP’s when auditing firms operating in a new industry vis-à-vis firms operating in matured industry. This is because the two categories of industries possess significantly different sets of industry characteristics, which could affect many aspects of the accounts of individual firms. ACCOUNTANCY 2014-03-13T03:51:21Z 2014-03-13T03:51:21Z 1995 1995 Final Year Project (FYP) http://hdl.handle.net/10356/55560 en Nanyang Technological University 102 p. application/pdf |
| spellingShingle | DRNTU::Business::Accounting Chua, Meng Keong Ong, Chee Boon Tan, Theong Hee Auditors' use of analytical procedures in new and matured industries |
| title | Auditors' use of analytical procedures in new and matured industries |
| title_full | Auditors' use of analytical procedures in new and matured industries |
| title_fullStr | Auditors' use of analytical procedures in new and matured industries |
| title_full_unstemmed | Auditors' use of analytical procedures in new and matured industries |
| title_short | Auditors' use of analytical procedures in new and matured industries |
| title_sort | auditors use of analytical procedures in new and matured industries |
| topic | DRNTU::Business::Accounting |
| url | http://hdl.handle.net/10356/55560 |
| work_keys_str_mv | AT chuamengkeong auditorsuseofanalyticalproceduresinnewandmaturedindustries AT ongcheeboon auditorsuseofanalyticalproceduresinnewandmaturedindustries AT tantheonghee auditorsuseofanalyticalproceduresinnewandmaturedindustries |