- 15 Marks
AAA – Nov 2013 – L3 – SB – Q2 – Audit Planning and Strategy
Outline reasons for audit planning and describe procedures for planning the audit of an existing client.
Question
Planning an audit involves establishing the overall audit strategy for the engagement and development of an audit plan.
You are required to:
(a) Enumerate SEVEN reasons for audit planning. (7 Marks)
(b) Explain EIGHT audit procedures you would consider in planning the audit of an existing client. (8 Marks)
(Total: 15 Marks)
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