The overall audit strategy required by CAS 300 a. Cannot be decided by the audit engagement partner

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The overall audit strategy required by CAS 300

a. Cannot be decided by the audit engagement partner to avoid independence threats.

b. Identifies characteristics of the auditee entity and the engagement that define its scope.

c. Requires the audit engagement partner to set the scope, timing, and direction of the audit, which cannot be changed until the auditor’s report is issued at the end of the engagement.

d. Includes detailed plans for gathering audit evidence.

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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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