Explain the major types of audit plans, Financial Management

Explain the major types of audit plans

Three major types of audit plans

Strategic -this the long term forward looking audit, it continually gets updated and identifies areas of audit importance.

Tactical - this  looks  at  plans  for  the  coming  year,  timetabling  resource  allocating  and identifying main audit objectives taken from the strategic plan.

Operational -detailed audit programme for every specific audit.

 

Posted Date: 9/3/2013 2:56:52 AM | Location : United States







Related Discussions:- Explain the major types of audit plans, Assignment Help, Ask Question on Explain the major types of audit plans, Get Answer, Expert's Help, Explain the major types of audit plans Discussions

Write discussion on Explain the major types of audit plans
Your posts are moderated
Related Questions
Options Traded on Legal and General August 14  2009 Share   Price         Exercise      Price    Calls       Puts                                 Sep        Dec        Mar

What are the main flaws of the profit maximisation criterion The main technical flaws of this criterion are i) ambiguity, ii) quality of benefits and iii) timing of be

what are the arguments in favour of profit maximization?

What is triangular arbitrage?  What is a condition that will give increase to a triangular arbitrage opportunity? Answer:  Triangular arbitrage is the method of trading out of th


• Prepare a Trend Analysis for the Balance Sheet, Income Statement and Cash Flow Statement • This should include about 12 accounts in the Balance Sheet and about 10 Income Statemen

Determine about the call and put option A call/ put option provision allow both issuing company and investor to redeem the bonds at a specified amount before maturity date. Lon

Examine about Environmental (external) analysis "A study that considers potential environmental effects during planning phase before an investment is made or an operation start

what is the rand corporation five project rank

Your broker calls to offer you the investment opportunity of a lifetime, the chance to invest in mortgage-backed securities. The broker explains that these securities are entitled