Use of analytical procedures in small and medium sized audit firms: a descriptive study in Singapore.

Abstract

This study describes and compares the role, extent of use, perceived effectiveness and efficiency of APs by auditors in a small- (Firm S) and a medium-sized (Firm M) certified public accountant (CPA) firms in Singapore. It also provides an understanding on the information used, techniques employed and the type of approach that auditors from these firms take in performing APs.