The audit process:

1.1. Planning

1.2.
2. The risk-based audit nature

3. Internal Control
 a. Identify Internal Control:

b. Evaluate Internal Control:

c. Communicate/Report Internal Control

4. Assessment of risks at two levels:

Examples of risk assessment:
5. Materiality
6. Risk assessment procedures

Understanding of the entity and its environment, including internal control:

7. Responding to the risks

8. Going concern
Examples of indicators:
Reporting