When determining sufficient and appropriate audit evidence in order to form an opinion on the client's financial statements the auditor compiles audit documentation to support the opinion

The largest portion of audit documentation will include detailed supporting schedules prepared by the client or the auditor in support of specific accounts on the financial statements. Two types of supporting schedules are analysis and reconciliation of amounts. Discuss those two schedules and give an example for each schedule.
What will be an ideal response?

Analysis: designed to show the activity in a general ledger account during the entire period under audit, tying together the beginning and ending balances. Examples: marketable securities, property, plant and equipment, long-term debt, equity accounts.

Reconciliation of amounts: Supports a specific amount and is normally expected to tie the amount recorded in the client's records to another source of information. Examples: the reconciliation of cash balances with bank statements, the reconciliation of subsidiary accounts receivable balances with confirmations from customers, and the reconciliation of accounts payable balances with vendors' statements.

(Note : students were only required to give one example)