Audit Planning For Business Implementation Essay.

Nature of Audit PlanningDescribe about the Audit Planning for Business Implementation.
The Audit Planning is conducted at the beginning of the audit process so that the overall audit strategy could be implemented. It helps the auditor to ensure that appropriate attention is given in different areas; the problems are identified promptly and the work is appropriately coordinated. As per Para 9 of ASA 300, it is stated that the audit plan de…