The auditor should plan his work to enable him to conduct an effective audit in an efficient & timely manner. Adequate planning ensures efficiency, completion of work on time. While preparing an audit plan he must consider some factors like knowledge of client's business, internal control, policies, and procedures, etc. To discuss: The matters that an auditor should consider while preparing the audit plan.

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Answer 1

Question

Chapter 3, Problem 3.6RQ

To determine

Concept Introduction:

The auditor should plan his work to enable him to conduct an effective audit in an efficient & timely manner. Adequate planning ensures efficiency, completion of work on time.

While preparing an audit plan he must consider some factors like knowledge of client's business, internal control, policies, and procedures, etc.

To discuss:The matters that an auditor should consider while preparing the audit plan.

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Answer 2

Question

Chapter 3, Problem 3.6RQ

To determine

Concept Introduction:

The auditor should plan his work to enable him to conduct an effective audit in an efficient & timely manner. Adequate planning ensures efficiency, completion of work on time.

While preparing an audit plan he must consider some factors like knowledge of client's business, internal control, policies, and procedures, etc.

To discuss:The matters that an auditor should consider while preparing the audit plan.

Expert Solution & Answer

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Answer 3

Question

Chapter 3, Problem 3.6RQ

To determine

Concept Introduction:

The auditor should plan his work to enable him to conduct an effective audit in an efficient & timely manner. Adequate planning ensures efficiency, completion of work on time.

While preparing an audit plan he must consider some factors like knowledge of client's business, internal control, policies, and procedures, etc.

To discuss:The matters that an auditor should consider while preparing the audit plan.

Expert Solution & Answer

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Answer 4

Question

Chapter 3, Problem 3.6RQ

To determine

Concept Introduction:

The auditor should plan his work to enable him to conduct an effective audit in an efficient & timely manner. Adequate planning ensures efficiency, completion of work on time.

While preparing an audit plan he must consider some factors like knowledge of client's business, internal control, policies, and procedures, etc.

To discuss:The matters that an auditor should consider while preparing the audit plan.

Expert Solution & Answer

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Answer 5

Chapter 3, Problem 3.6RQ

To determine

Concept Introduction:

The auditor should plan his work to enable him to conduct an effective audit in an efficient & timely manner. Adequate planning ensures efficiency, completion of work on time.

While preparing an audit plan he must consider some factors like knowledge of client's business, internal control, policies, and procedures, etc.

To discuss:The matters that an auditor should consider while preparing the audit plan.

Answer 6

Chapter 3, Problem 3.6RQ

To determine

Concept Introduction:

The auditor should plan his work to enable him to conduct an effective audit in an efficient & timely manner. Adequate planning ensures efficiency, completion of work on time.

While preparing an audit plan he must consider some factors like knowledge of client's business, internal control, policies, and procedures, etc.

To discuss:The matters that an auditor should consider while preparing the audit plan.

Answer 7

Chapter 3, Problem 3.6RQ

To determine

Concept Introduction:

The auditor should plan his work to enable him to conduct an effective audit in an efficient & timely manner. Adequate planning ensures efficiency, completion of work on time.

While preparing an audit plan he must consider some factors like knowledge of client's business, internal control, policies, and procedures, etc.

To discuss:The matters that an auditor should consider while preparing the audit plan.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 3 - Prob. 3.1RQ Ch. 3 - Prob. 3.2RQ Ch. 3 - Prob. 3.3RQ Ch. 3 - Prob. 3.4RQ Ch. 3 - Prob. 3.5RQ Ch. 3 - Prob. 3.6RQ Ch. 3 - Prob. 3.7RQ Ch. 3 - Prob. 3.8RQ Ch. 3 - Prob. 3.9RQ Ch. 3 - Prob. 3.10RQ

Solution Summary: The author explains that an auditor should plan his work to enable him to conduct an effective audit in an efficient & timely manner.

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Chapter 3 Solutions