AuditNet The Audit Process
Audit Planning
An important part of the process for managing an audit function involves planning. Planning covers both administration of the audit office as well as administration of the audit assignment. For successful audits, we need to know what we want to achieve (audit objectives), determine what procedures we should follow (audit methodology), and assign qualified staff to the audit (resource allocation). If you have tools or resources that would make this page an effective resource please contact us.
Audit Plan Resources
Audit Plan Template from H.U.D
Risk Based Audit Work Group Guidelines for Annual Audit Planning
Engagement Letters
Sample 1 * Sample 2 * Sample 3 * Sample 4 * Sample 5 * Sample 6
Audit Strategy Memorandum (Audit Planning)
Audit Planning Form/Audit Strategy Memorandum/ Audit Issue Control Document- is designed to assist the auditor in gathering information necessary to obtain an understanding of the client, its business and industry, and its internal controls. Also, provides guidance in evaluating the risk of material misstatement of the financial statements.
Planning an Audit of Financial Statements - South African Auditing Standard 300 (based on ISA 300)
Internal Control Questionnaires
Assists the auditor in obtaining a further understanding of control activities for the audit areas that have been determined to be reviewed based on the audit planning form.
