Describe audit plan and explain purpose

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Prior to beginning work on this discussion forum, read Chapters 6 and 7 in the course textbook.

As a part of the planning process, auditors develop an audit strategy, an audit plan, and a time budget. Address the following in your discussion post:

Describe an audit strategy and explain its purpose.

Describe an audit plan and explain its purpose.

Describe a time budget and explain its purpose.

Reference no: EM133146604

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