Audit Plan: Keystone Computers & Networks, Inc.

analyze Plan: Keystone Computers & Networks, Inc. Kandi Conard ACC410: Auditing Jess Stern whitethorn 21, 2012 Audit Plan: Keystone Computers & Networks, Inc. Auditing for every compevery is a very vital ruin of byplay. The schemening of an audit entails a trade 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 companion 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 originate an audit strategy which will tell them many a(prenominal) in-chief(postnominal) things they need to know about the guest. Once that is completed, they can cohere an audit plan which let ins the nature, timing, and extent of the procedures to be performed by the auditing aggroup up (Whittington, 2010, pg 191). Even though there can be differences in what is included in an audit plan depending on who p erforms 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 purpose. Making the decision of whether or non to take on a client may not always be an easy decision to make. at that place are many things that should be considered and looked at before 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 truly working for the company that (s) he could know. Thi s is how auditors come to make decisions ma! nage whether or not to take on a company. some(a) 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 early(a) 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 inadequacy to get a full essay, order it on our website: OrderCustomPaper.com

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