Analytical analysis procedures implementation in the independent audit process

World economy and investors has been stranded due to the deficiencies and omission of the internal auditing of the companies which are closely monitored and trusted. Rapidly developing information technologies lead to infollution and information explosion and discredit the investors` respect towards companies` financial situations. Moreover, previous scandals reinforce this distrust and make the investors question the companies even more. For this reason, the importance of independent auditing has increased and experts in this profession are needed. In the lights of these, the stakeholders may make right decisions by the reports that are based on the analysis of financial data and prepared by the objective independent auditors. In addition to expertise in independent auditing, auditing methods have developed correspondingly with this expertise in accordance with the needs of auditors and these auditing methods have been used in digital analysis with the help of technology. One of the most important auditing methods analytic investigation procedures which are the most practical and the easiest to apply. Analytical investigation procedures provide the auditors with convenience, time and financial appropriations. The independent auditors may have the opportunity to notice the deviations and inconsistencies early by following these procedures and therefore, manage the auditing process properly. The aim of this study is to emphasize the contributions of analytic investigation procedures to independent auditing and draw attention to the deviation by a case. Key words: Analytic Investigation Procedures, Independent Auditing, Independent Auditing Standards, UFRS