AUDIT PLAN / PLANNING Definition

Bookmark and Share

AUDIT PLAN / PLANNING is developing an overall strategy for the expected conduct and scope of the audit. The nature, extent, and timing of planning varies with the size and complexity of the entity, experience with the entity, and knowledge of the entitys business.

Learn new Accounting Terms

BUSINESS SEGMENT is a component of an enterprise that (a) provides a single product or service or a group of related products and services and (b) that is subject to risks and returns that are different from those of other business segments.

MEMORANDUM ACCOUNT see SPECIAL MEMORANDUM ACCOUNT.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.