iflowchart iHowever, iusing ithis iflowchart itakes ia ilot iof itime, ishould ionly ibe iapplied iwhen ithe icustomer ihas iprepared ithis iflowchart iTherefore, ithe icombination iof imethods iwill.
flowchart iHowever, iusing ithis iflowchart itakes ia ilot iof itime, ishould ionly ibe iapplied iwhen ithe icustomer ihas iprepared ithis iflowchart iTherefore, ithe icombination iof imethods iwill ibring ithe ihighest iefficiency i a) Regarding analytical procedures: i i Analytical iprocess iis ithe ianalysis iof idata, iinformation, iimportant iratios, ithereby ifinding itrends, ifluctuations, iand ifinding irelationships ithat iare iin iconflict iwith iother irelevant iinformation ior ihave inegative iconsequences ilarge ideviation ifrom ithe iexpected ivalue iAs imentioned iabove, ibecause ianalytical iprocedures iare istill ilimited, iso ito iincrease ithe iamount iof iinformation icollected ifrom ianalytical iprocedures ias iwell ias ireduce icosts, isave itime iand istill iensure idevelopment iIf ianomalies iare idetected, iASA ishould icombine iratio ianalysis iwith icomparison iof iindustry iaverage irates, iratios iof icompanies iin ithe isame iindustry, ibusiness ienvironment iconditions, ieconomic iconditions, ietc ito iget iresults ianalysis imore ieffectively iThis iwill ihelp ithe icompany imake ithe imost iaccurate iassessment iof ithe icustomer's ibusiness istatus iand idetect ilarge ideviations ifrom ithe iexpected ifigures In iaddition ito iapplying iratio ianalysis ito ifinancial iinformation, ithe icompany ishould ialso ibuild ian ianalytical imodel ito isee ithe irelationship ibetween ifinancial iand inon-financial iinformation isuch ias icomparing iAP ito iSuppliers iin irelation ito ithe inumber iof isuppliers, iwhether ithe iincrease iin ipayables ito isuppliers iis idue ito ian iincrease iin ithe inumber iof isuppliers ior iis iit ibecause ithe inumber iof isuppliers iremains ithe isame ibut ithe iquantity ipurchased ifrom isuppliers iincreases iup In iorder ito ibe iable ito icompare ithe ibusiness iresults iof icustomers iwith ibusinesses iin ithe isame iindustry, iASA ishould iregularly icollect imore iinformation iabout ithe idata irelated ito ithe icustomer's iindustry iand ifield iof ioperation iThese idata iwill ihelp ithe iauditor ito iperform ianalytical iprocedures ieasily, ireducing ithe itime ito icollect ithis iinformation iOn ithe iother ihand, ithese ifigures iare inot ionly iuseful ifor ia iparticular iperiod ior iitem, ibut ican ialso ibe iused ifor iother iperiods, iitems iand iin isubsequent iaudit iyears b) About the audit program: i i i Because ithe icompany's icustomers ioperate iin imany ifields isuch ias iconstruction, itrade, imanufacturing, ietc iEach iindustry ihas iits iown ioperating icharacteristics, iso iit iis iinfluenced iby ispecific iaccounting iprinciples iTherefore, icompanies ishould idevelop