The first standard of fieldwork requires that "the work is to be adequately planned and assistants, if any, are to be properly supervised." Audit planning involves developing an overall strategy for the expected conduct and scope of the audit. Adequate, timely, and well-documented planning of the audit is essential.
In this course participants will learn how to obtain background information about the client, assess materiality and consider audit risk, as well as the various other audit planning considerations.
This 2 credit CPE course is
