Audit strategy Nella is a new audit junior and is attending training sessions at the audit firm. Nella is trying to focus on the main points in the training because there will be a test at the end of the week. The topic today is audit strategy, with specific reference to the standard on planning audits. Nella needs some advice to help her study. Required (a) What is an audit strategy? (b) What is the auditing standard that directs auditors to establish an overall audit strategy?