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(i) Audit programme.
• It sets forth the procedures that are needed to implement the audit plan.
• It shows sample sizes and bases of selecting of samples.
• It indicates when the programme is to be carried out
• It is a set of instructions to staff.
It takes into account:
• Risk of error.
• Amount of audit evidence required in each area.
• Coordination of auditing with accounts preparation.
• It indicates any assistance from the client.
• It shows involvement of other auditors.
(ii) Time budget
• It shows the charges per hour and the total for each audit area.
• It is more related to the field work activities of an audit.
• It indicates the operating style in an audit.
• It shows the time covered in each area of the audit prepared a month before the
commencement of the field work.
• It shows the levels of staff who will do the audit.
Kavungya answered the question on May 14, 2019 at 12:17