The Effects of Expectation Formation on Detecting Unexpected Non-changes in Account Balances During Analytical Procedures

Document Type



Published by Allied Academies in the Academy of Accounting and Financial Studies Journal, volume 12, issue 3, pages 85-96. Bryant users may access this article here.

Publication Source

Academy of Accounting and Financial Studies Journal


The effectiveness of audit analytical procedures in identifying financial statement misstatements has been studied from a variety of perspectives. Most analytical procedures research uses unexpected changes in an account balance or ratio to signal a possible misstatement.