Audit firms often use checklists throughout the audit process. These checklists provide a baseline of what needs to be performed and/or asked for each appropriate area. For example, the checklist may specify the types of questions or what evidence needs to be obtained to properly sample, evaluate, and document the results. These checklists help ensure that the requirements of guidance are considered and met. Auditors will then complete these checklists by answering each question or statement. For each question or statement listed below, determine whether it would most likely be included or excluded from the audit strategy checklist.

Statement or Question	Include	Exclude
1-Will the audit involve specialist? If so please include specialist that may be involved as well as the expectated extent on involvement.
2-Has management agreed to the preliminary materiality amount?
3-Does the entity utilize services organization? If so please include the services organization.
4-Document the deadline for interim and final reporting.
5-Were non respondes to account receivables confimation followed up with 2 confirmation request?
6-Did the inventory appear to be obsolete?
7-Document the prelimiary evaluation of materiality.
8-Will the audit utilize the clients internal auditors for direct assistance , if so to what extent?
9-Does the work performance on deferred credit support the conclusions about the audit area?
10-Documents the ares where the higher risk of material misstatement.
11-Was the management representation letter obtained?
12-Document if any aditiona regulatory reporting that the entity must adhere to