Ch 2 · Audit Strategy, Planning & Programme

5 concept points · 2 formulas · 4 exam-critical points.

📘 Core concepts

• 1SA 300 — Planning is required throughout, not just initial activity.
• 2Audit strategy: scope, timing, direction; high-level.
• 3Audit plan: detailed; risk assessment, further audit procedures.
• 4Audit programme: list of procedures + assignment of audit staff.
• 5Materiality (SA 320): planning materiality + performance materiality.