QUESTION 21 OF 25

What is the auditorâ€™s responsibility when planning an audit?

Auditing standard AU-C Section 300 Planning an Audit covers what the auditor's responsibility is during the planning phase of the audit. The engagement partner and other key members of the audit team should be involved. As a staff auditor, you will be heavily involved in the planning process, so it's important to brush up on the requirements detailed in the standard.

"During the planning phase of an audit, the engagement partner and other key engagement team members should establish an understanding of the terms of the engagement, assess the continuance of the client relationship and develop an overall audit strategy that sets the scope, timing and direction of the audit."

Community answers are written by other candidates practicing this set. Reading how others frame the same question is one of the fastest ways to sharpen your own.

Anonymous Answer

AICPA's Auditing standard AU-C Section 300 outlines the auditor's responsibilities when planning an audit. The planning strategy should involve deciding the key audit members and personnel performing the audit. It also involves designing a strategy that covers understanding the overall scope of the audit, preliminary discussions on the approach to the audit setting the time, directions & extent.

Cindy's Feedback

Good. Can you show how you applied this in the past?

Create a free account to add your own answer →

Unlock all 25 Senior Auditor questions

Unlock expert responses to complex audit scenarios that interviewers prioritize.

Get Started

Previous Question Next Question

Senior Auditor Mock Interview

What is the auditorâ€™s responsibility when planning an audit?

Unlock all 25 Senior Auditor questions

25 Senior Auditor Interview Questions & Answers