Chapter 11

Overall Audit Plan

and Audit Program

Present By :
M.Riduan Abdillah SE,M.Si, Akt, CA

©2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 13 - 1

 Summary of the Audit Process

Perform analytical
Plan and design procedures and
Phase I an audit approach Phase III tests of details
of balances

Perform tests of
Complete the
controls and
Phase II Phase IV audit and issue
substantive tests
an audit report
of transactions

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 Types of Tests

Risk assessment procedures

Further audit procedures

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 Further Audit Procedures
and the Audit Risk Model
Audit risk AAR =
model IR × CR PDR

Substantive Sufficient
Tests of
Tests of tests of Analytical competent
controls + transaction + procedures + details of = evidence
balances
s per GASS

Further audit procedures

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 Relationship Between Further Audit
Procedures and Evidence
Type of Evidence

Documentatio
Confirmation
examination

Observation
Physical
Further Audit Procedures

n
Tests of controls √ √
Substantive tests of
√
transactions
Analytical procedures
Tests of details of balances √ √ √

©2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 13 - 5

 Relationship Between Further Audit
Procedures and Evidence
Type of Evidence

Reperformanc

Recalculation
Procedures
Inquiries of

Analytical
the Client
Further Audit Procedures

e
Tests of controls √ √
Substantive tests of
transactions
√ √ √
Analytical procedures √ √
Tests of details of balances √ √ √

©2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 13 - 6

 Audit Program

Part 1:
Tests of controls and substantive
tests of transactions

Part 2:
Analytical procedures

Part 3:
Tests of details and balances

©2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 13 - 7

 Types of Evidence
Documentation
Inquiries of the client
Analytical
procedures
Observation
Reperformance
Recalculation
Physical examination
Confirmation
©2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 13 - 8
 End of Chapter 13

©2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 13 - 9