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I have read that the examiner expect us to tell what additional piece of information can be helpful in planning and risk assesment procedure , can you kindly tell me what exactly he meant by that ? Is he asking for trading agencies report , PFI , Cash flow forecast or something else?
Look at this topic pls.
https://opentuition.com/topic/audit-planning-new-article/Thanks Satesh
In answer to your question Muhammad, I believe the street-wise expression is “Think outside the box” and let your imagination roam wherever it wants to go.
Be creative and perceptive in your identification of matters to consider when planning and designing risk assessment procedures
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