The Importance of Planning (2)

Question 1

How is the form and nature of planning different for each audit (size)

Answer 1

Size of the entity

Question 2

How is the form and nature of planning different for each audit (complexity)

Answer 2

Complexity of the audit

Question 3

How is the form and nature of planning different for each audit (experience)

Answer 3

Auditor;s experience with the entity and their knowledge of the business

Question 4

How is the form and nature of planning different for each audit (experience)

Answer 4

Auditor’s experience with the entity and their knowledge of the business

Question 5

How is the form and nature of planning different for each audit (commercial)

Answer 5

Commercial environment

Question 6

How is the form and nature of planning different for each audit (transactions)

Answer 6

Method of processing transactions

Question 7

How is the form and nature of planning different for each audit (reporting)

Answer 7

Reporting requirements