Planning is not required in an audit as long as an audit program has been developed.

Question

Quizplus · Accepted Answer

Planning is an essential part of an audit process and cannot be bypassed even if an audit program exists. Audit planning involves evaluating the client's business, identifying areas of potential risks and developing an audit strategy to address those risks. It helps ensure that the audit is conducted efficiently, effectively, and in accordance with professional standards.

Planning Is Not Required in an Audit as Long as an Audit