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Audit Strategy

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Audit Strategy

  • This topic has 3 replies, 3 voices, and was last updated 10 years ago by abbas7796.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 3, 2014 at 1:11 pm #207392
    abbas7796
    Member
    • Topics: 135
    • Replies: 256
    • ☆☆☆

    Hello Gromit

    is there any lecture where you have explained how to develop audit strategy? i saw a question in bpp revision kit where the question has given a scenario and wants us to develop an audit strategy. Please advise

    November 3, 2014 at 5:46 pm #207534
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10595
    • ☆☆☆☆☆

    We don’t have separate lecture as we think it’s really covered as part of planning.

    At the F8 level, it isn’t much more than identifying:

    Scope of the audit (for F8, just a standard audit)
    Identifying significant areas
    Identifying risk areas
    Deciding whether to audit primarily by testing controls or by substantive testing.

    November 3, 2014 at 5:57 pm #207544
    asim
    Member
    • Topics: 6
    • Replies: 6
    • ☆

    You should learn audit planning .it will give you idea and procedure how you can set audit strategy

    November 4, 2014 at 9:12 am #207613
    abbas7796
    Member
    • Topics: 135
    • Replies: 256
    • ☆☆☆

    thanks very much

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