2. Audit Strategy, Planning And Programme Flashcards

1
Q

What is audit planning?

A
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2
Q

Benefits of planning the audit

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3
Q

Overall audit strategy - assistance to auditor

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4
Q

Establishment of overall audit strategy

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5
Q

Relationship between audit strategy and plan

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6
Q

Description of audit plan

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7
Q

Knowledge of client’s business

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8
Q

Audit Strategy and audit plan - auditor’s responsibility

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9
Q

Factors affecting direction, supervision and review of engagement team members

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10
Q

Documentation is audit plan

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11
Q

Define audit programme

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12
Q

Evolving one audit programme - not practicable for all business

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13
Q

Constructing audit programme

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14
Q

Developing audit programme

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15
Q

Advantages of audit programme

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16
Q

Disadvantages is audit programme

A