Audit Strategy, Audit Planning and Audit Program

14 topics

1. (SA 300 Planning an Audit of Financial statements)
2. Auditor’s responsibility to plan an audit of financial statements
3. Benefits of audit planning
4. Planning is a continual and iterative process
5. Discussion of elements of planning with the entity’s management
6. Involvement of Key Engagement Team Members in planning the audit
7. Preliminary engagement activities
8. The auditor’s consideration of client continuance and ethical requirements
9. Planning activities
10. Establishing an overall audit strategy- Assistance for the auditor
11. Development of audit plan
12. Documenting the overall audit strategy and audit plan
13. Audit program
14. Development of Audit Plan and Program