Question: a. Enumerate the different planning procedures. Explain each one briefly. b. What is the general objective of planning for an audit? c. Give examples of
a. Enumerate the different planning procedures. Explain each one briefly.
b. What is the general objective of planning for an audit?
c. Give examples of other planning considerations.
d. Contrast the following terms:
- Audit strategy
- Audit program - Audit plan
e. What is the purpose of analytical procedures performed during audit planning?
f.May an external auditor use the work of an internal auditor? Explain.
g. Planning is a discrete phase of the audit. Is this statement correct? Explain.
h. What are the two types of audit programs? Explain each type briefly.
I. Which of the following audit team members may perform supervision duties?
- Partner or sole proprietor - Manager - Senior associate - Audit associate
j. What are the contents of the audit plan?
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