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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Specimen paper: Q16c Milla- audit strategy document
Dear Tutor,
regarding the question about the strategy document, the answer provided is longer than required for the marks available. Would my answer below gain any marks:
– The auditor should set the materiallity and performance materiallity.
– How and who from the members of the audit team will attend inventory counts as there are 15 warehouses.
– Assess if there will be an interim audit
– Based on the nature of the business and assessed risk define who will be part of the member team and the time needed to perform the audit.
That would certainly gain marks. It is important to mention risk assessment and how to respond to that.
Thank you very much for your quick reply and help.
