Ch 2 · Audit Strategy, Planning & Programme

📘 Core concepts

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