The audit process may be divided into three categories: planning the audit, executing the audit program, and reporting the findings. Within these categories, the following specific steps must be performed in an audit engagement.

1. Evaluate evidence obtained.

2. Assign professional staff to engagement.

3. Form opinion, write and issue audit report.

4. Revise audit program if internal controls are different from anticipated.

5. Determine fairness of financial statements.

6. Prepare audit program.

7. Obtain information about client's business.

8. Study and evaluate internal control.

9. Verify account balances.

Required:

a. List the number corresponding to each step and indicate the category to which it relates.

b. Indicate the sequence in which the steps are performed within each category.