Tag Archives: Audit planning

The audit approach

Posted 4th June 2019 by Candice De Nobrega & filed under Auditing,

Initial audit approach During the planning stage of the audit, the auditor performs risk assessment procedures in order to understand the entity, it’s environment and internal control. With this understanding the auditor is able to identify risks of material misstatement. These are risks that could affect the fair presentation of the balances and class of […]