Sources of information
1.Prior year audit file
2.Permanent audit file
3.Prior year financial statements
4.Financial statements of competitors
5.Discussions with management
6.Sunflower’s website
Benefits(purpose) of audit planning(至少五点)
1.Helping the auditor to devote appropriate attention to important areas of the audit.
2.Helping the auditor to identify and resolve potential problems on a timely basis.
3.Helping the auditor to properly organise and manage the audit engagement so that it
is performed in an effective and efficient manner.
4.Assisting in the selection of engagement team members with appropriate levels of
capabilities and competence to respond to anticipated risks and the proper assignment
of work to them.
5.Facilitating the direction and supervision of engagement team members and the review
of their work.
6.Assisting, where applicable, in coordination of work done by experts.