Audit Plan: Keystone Computers & Networks, Inc.

analyze Plan: Keystone Computers & Networks, Inc. Kandi Conard ACC410: Auditing Jess Stern may 21, 2012 Audit Plan: Keystone Computers & Networks, Inc. Auditing for every compevery is a very vital persona of chore. The schemening of an audit entails a mussiness of work on both the listeners part and management of the caller-out. An auditor can never roll in the hay too much about a companionship and they emergency to know exactly what the company is looking for in regards to what service are to be performed. First of all, the auditor must(prenominal) originate an audit strategy which will tell them galore(postnominal) in-chief(postnominal) things they need to know about the guest. Once that is completed, they can snap off an audit plan which allows the nature, timing, and extent of the procedures to be performed by the auditing group up (Whittington, 2010, pg 191). Even though there can be differences in what is included in an audit plan d epending on who performs it, this plan will include information on how the leaf node was selected, its interior control procedures, and substantive tests that were performed to make the ratiocination. Making the decision of whether or non to take on a guest may not always be an easy decision to make. at that place are many things that should be considered and looked at originally any definite decision is made.

Feeling out the client and the trading operations that they are involved in should be the first step. An auditor should know almost everything possible without real working for the company that (s) he cou ld know. This is how auditors come to make! decisions identical whether or not to take on a company. some(prenominal) of the things involved in the selection of a client should include (2010, pg 193): * The nature of the client, including the clients application of accounting policies. * The industry, regulatory, and other external factors affecting the client. * The clients objectives and strategies and related business risks. * Methods used by the client to measure and review performance. *...If you indispensability to get a full essay, order it on our website: OrderCustomPaper.com

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