Auditors should design the written audit plan so that:

Question

Quizplus · Accepted Answer

The audit plan should be designed to achieve specific audit objectives, which may include selecting certain transactions for substantive testing and determining the appropriate timing for substantive testing. The plan should also include a mix of tests of controls and tests of transactions as appropriate to ensure sufficient level of audit evidence. However, selecting all material transactions for substantive testing (A) or minimizing substantive tests prior to the balance sheet date (B) may not be necessary or efficient for every audit.

Auditors Should Design the Written Audit Plan So That