The audit plan includes the nature, timing and extent of audit procedures for the purposes of risk assessment, including those that are linked to the individual audit assertions, as well as any other audit procedures that are considered necessary. At what point in the audit process is the audit plan finalized?
A) When the auditor has finished documenting internal controls.
B) When the client risk profile has been completed.
C) When risk assessments are complete.
D) When inherent risk information has been gathered.