Week 2 – Discussions: Audit Working Papers and Planning Process

Week 2 – Discussions 1
Prior to beginning work on this discussion forum, read
Chapters 6 and 7 in the course textbook.
Audit working papers are an integral part of an examination
in accordance with generally accepted auditing standards. Address the following
in your discussion post:
·       
Describe three major
functions of the audit working papers.
·       
Distinguish between the
permanent working paper file and the current working paper file.
·       
Outline at least three
functions of audit working papers.
Write: Make sure your response is more than
200 words and that you include an in-text citation or a brief quote from the
reading material where appropriate. You may find the Writing Center’s APA: Citing Within Your
PaperLinks to an external site. resource helpful in citing your
sources.
Week 2 – Discussions 2
Prior to beginning work on this discussion forum, read
Chapters 6 and 7 in the course textbook.
As a part of the planning process, auditors develop an
audit strategy, an audit plan, and a time budget. Address the following in your
discussion post:
·       
Describe an audit
strategy and explain its purpose.
·       
Describe an audit plan
and explain its purpose.
·       
Describe a time budget
and explain its purpose.
Write: Make sure your response addressing the
questions is more than 200 words and that you include an in-text citation or a
brief quote from the reading material where appropriate. You may find the
Writing Center’s APA: Citing Within Your
PaperLinks to an external site. resource helpful in citing your
sources.