Auditors are required to undertake an overall review of the financial statements as the final step before they form their audit opinion. As part of this process they undertake a number of procedures.

Which of the following procedures would an auditor NOT undertake as part of the overall review of the financial statements?

A. Reviewing the financial statements to ensure they are consistent with the auditor’s knowledge of the business and the results of their audit work
B. Performing analytical procedures on the financial statements to form an overall conclusion on the financial statements
C. Undertaking a review of subsequent events to identify whether any adjustment or disclosure is required in the financial statements
D. Reviewing the financial statements to ensure compliance with accounting standards and local legislation disclosure