Audit planning process

Unit Learning Outcomes Assessed:
1. Demonstrate a thorough understanding of the reporting requirements of auditing
standards relating to auditors’reports.
2. Explain how the audit planning process directs the auditor to obtain adequate evidence to
support auditfindings and addressthe importanceofmateriality in an audit.
3. Explaintheprocessofauditplanningtodetermineriskassessmentsandanoverallauditstrategy.
4. Explain the auditors’ obligations with regards to understanding the client’s business and
internal controls and assessing businessrisks.
Description: Each week students were provided with three tutorial questions of varying degrees of
difficulty. These tutorial questions are available in the Tutorial Folder for each week on Blackboard.
The Interactive Tutorials are designed to assist students with the process, skills and knowledge to
answer the provided tutorial questions. Your task is to answer a selection of tutorial questions from
weeks 1 to 5 inclusive and submit these answers in a single document.

The post Audit planning process appeared first on My Assignment Online.

WhatsApp
Hello! Need help with your assignments?

For faster services, inquiry about  new assignments submission or  follow ups on your assignments please text us/call us on +1 (251) 265-5102

🛡️ Worried About Plagiarism? Run a Free Turnitin Check Today!
Get peace of mind with a 100% AI-Free Report and expert editing assistance.

X