Question 5 (10 marks)

Your audit firm has employed several vac students, who are currently registered for Auditing I at UCT. You have been appointed as their mentor.

YOU ARE REQUIRED TO:

i. Explain the relationship between the audit strategy, the audit plan (approach) and the audit programme. (3)

ii. Explain the issues to be considered when deciding on the audit plan (approach) of a client with a sophisticated computerized system. (7)