Prior to beginning work on this discussion forum, read Chapters 6 and 7 in the course textbook.
As a part of the planning process, auditors develop an audit strategy, an audit plan, and a time budget. Address the following in your discussion post:
- Describe an audit strategy and explain its purpose.
- Describe an audit plan and explain its purpose.
- Describe a time budget and explain its purpose.
Week 2 D2