Analytical procedures (203) Tests that involve comparisons of financial data for the
current year to that of prior years, budgets, nonfinancial data, or industry averages.
From a planning standpoint, analytical pro
Chapter 1 The role of Public Accountants in American Economy
Agreed-upon procedures engagement (3) An attest engagement in which the CPAs
agree to perform procedures for a specified party and issue a report that is restricted to
use by that party.