Home / CPA Course / AUD

Planning: overall strategy and the engagement plan

AUD Chapter 9 · Area II · Blueprint II.A

Area II is 25 to 35% of AUD and it starts here. The Blueprint asks you to explain the overall strategy and then to prepare planning documents yourself: a draft plan, a client request list and a time budget. Expect a simulation that hands you last year's plan and this year's changes.

In this chapter

1. Strategy first, plan second
2. What goes in the overall strategy
3. What goes in the audit plan
4. Assertions: what every planned procedure is aimed at
5. Preliminary activities and who is involved
6. Direction, supervision and timing
7. The time budget
8. The client assistance list and what to document

This chapter has 8 lessons, 50 practice MCQs with explanations and 10 simulations, plus flashcards and a recall sheet.

What this chapter covers

• Overall engagement strategy
• the detailed plan
• time budgets and client request lists
• changes from the prior year

Chapter 8: Audit and assurance quality · Chapter 10: Understanding the entity and its environment