"Audit planning is a vital area of the audit primarily conducted at the beginning of audit process to ensure that appropriate attention is devoted to important areas, potential problems are promptly identified, work is completed expeditiously and work is properly coordinated. "Audit planning" means developing a general strategy and a detailed approach for the expected nature, timing and extent of the audit. The auditor plans to perform the audit in an efficient and timely manner. ...
An Audit plan is the specific guideline to be followed when conducting an audit. It helps the auditor obtain sufficient appropriate evidence for the circumstances, helps keep audit costs at a reasonable level, and helps avoid misunderstandings with the client.
It addresses the specifics of what, where, who, when and how:
What are the audit objectives?
Where will the audit be done? (i.e. scope)
When will the audit(s) occur? (how long?)
Who are the auditors?
How will the audit be done?" [Audit plan. Wikipedia]
The audit planning flowchart example was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Audit Flowcharts solution from the Finance and Accounting area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ finance-audit-flowcharts
An Audit plan is the specific guideline to be followed when conducting an audit. It helps the auditor obtain sufficient appropriate evidence for the circumstances, helps keep audit costs at a reasonable level, and helps avoid misunderstandings with the client.
It addresses the specifics of what, where, who, when and how:
What are the audit objectives?
Where will the audit be done? (i.e. scope)
When will the audit(s) occur? (how long?)
Who are the auditors?
How will the audit be done?" [Audit plan. Wikipedia]
The audit planning flowchart example was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Audit Flowcharts solution from the Finance and Accounting area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ finance-audit-flowcharts
Flowchart 1
Flowchart 2
Basic Flowchart Symbols and Meaning
Accounting Flowchart Purchasing Receiving Payable and Payment
Think and act effectively
Business Process Modeling with ConceptDraw
Business Productivity Area
Business Productivity Solutions extend ConceptDraw products with tools for making presentations, conducting meetings, preparing documents, brainstorming, or building new strategies.
SWOT and TOWS Matrix Diagrams
SWOT and TOWS Matrix Diagrams solution extends ConceptDraw PRO and ConceptDraw MINDMAP software with features, templates, samples and libraries of vector stencils for drawing SWOT and TOWS analysis matrices and mind maps.
- Audit Flowcharts | Audit Flowchart Symbols | Basic Audit Flowchart ...
- Importance Of Using Flow Chart While Conducting An Audit
- Discuss Why Necessary For Auditor To Use A Flow Chart While ...
- Audit Flowcharts | Audit planning flowchart | Sales Process ...
- Flowchart Importance In Audit
- Basic Audit Flowchart . Flowchart Examples | Audit Flowcharts | Audit ...
- Audit planning flowchart | Auditing Process. Audit Planning Process ...
- Auditing Process. Audit Planning Process | Audit Process Flowchart ...
- Uses Of Flowchart In Performing An Audit Approach
- What Are The Important Of Flow Chart In Audit Procedure
- Audit Flowcharts
- Audit flowchart - Overview of resolution process following an Audit ...
- Flow Chart Of Audit Plan
- 2 Uses Of Flowchart In Performing An Audit Approach
- Audit process flowchart (multipage)
- Audit Flowchart Symbols | Chart Audits . Chart Auditor | Audit ...
- Project planning process - Flowchart | Audit planning flowchart ...
- Audit Process Flowchart
- Project planning process - Flowchart | Auditing Process. Audit ...
