Description

Audit Planning and Strategy are critical components of the auditing process, ensuring that audits are conducted efficiently, effectively, and in accordance with professional standards. This part of the audit process involves careful consideration of various factors such as the nature and complexity of the entity being audited, potential risks, regulatory requirements, and the overall audit approach. By developing a comprehensive audit plan and strategy, auditors can establish a roadmap for conducting the audit that maximizes effectiveness while minimizing disruptions to the audited entity’s operations. 

What you will learn

By attending this webinar you will gain the following competencies: 

Understand the importance of audit planning and strategy in the overall audit process.

• Learn the key components of an audit plan and strategy.

• Recognize the factors that influence audit planning and strategy decisions.

• Gain insights into the role of risk assessment in audit planning.

• Understand the significance of communication and coordination in implementing audit plans and strategies.

• Learn how to adapt audit plans and strategies to address changes in circumstances or audit objectives.