Chapter 13
Overall Audit Plan
and Audit Program
13 - 1
, Presentation Outline
I. Application of Audit Testing
II. Selecting Tests to Perform
III. Design of the Audit Program
IV. A Summary of the Audit Process
13 - 2
, I. Application of Audit Testing
A. Tests of Controls
B. Testing for Monetary Misstatement
C. Reduction of Risk
D. Audit Assurance at Different Levels of
Internal Control Effectiveness
E. Simultaneous Testing of Controls and
Substantive Testing of Transactions
F. Timing of Audit Testing
13 - 3
Overall Audit Plan
and Audit Program
13 - 1
, Presentation Outline
I. Application of Audit Testing
II. Selecting Tests to Perform
III. Design of the Audit Program
IV. A Summary of the Audit Process
13 - 2
, I. Application of Audit Testing
A. Tests of Controls
B. Testing for Monetary Misstatement
C. Reduction of Risk
D. Audit Assurance at Different Levels of
Internal Control Effectiveness
E. Simultaneous Testing of Controls and
Substantive Testing of Transactions
F. Timing of Audit Testing
13 - 3
