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In this video we're going to not only simplify audit planning. This falls within the planning phase of the audit engagement, but we're also going to identify the various types of questions that the CPA exam can ask for this topic.

You need to constantly be familiar with where we are in the flow of the audit engagement. The planning phase comes after we have accepted the terms of the audit engagement, but before the auditor performs substantive tests.

This video will focus heavily on the overall audit strategy, as well as the more detailed written audit plan.

Whether you are studying for the audit exam, studying accounting in college, or just interested in learning more about audit concepts, this video is going to refine your understanding of a very important component of the audit engagement.