QUESTION 6 [TOTAL MARKS: 26) You have recently been appointed to the position of audit senior with a Limerick accountancy practice known to "give value for money to their clients". One of the clients on your roster is a Galway manufacturer of kitchen furniture, Decir Limited. You quickly become aware that the previous year's audit was not completed to the satisfaction of the office manager. The number of audit hours allocated to Decir Limited had made the job almost unprofitable and procedures were inconclusive and inadequate. Decir Limited has a financial year end of November 2021 and operates from an old- style factory premises outside Galway City. You have experience of being part of larger audit team and assisting in the role of audit junior, but this is your first time as audit senior, and you are keen to make a good impression even then, the substantive audit Requirement: Outline the planning procedures and considerations you will carry out before you begin the audit of Decir Limited. [End of Question 6) (END OF EXAM]