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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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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