CONSIDERATIONS ON THE PLANNING OF THE FINANCIAL AUDIT MISSION

Abstract

In order to exercise efficiently the financial audit it is required to adequately plan it, for each individual mission. This document synthesizes the essential aspects which must be taken into account by the auditors and divides them into groups, according to the following paths of action: obtaining a detailed knowledge of the entity audited; estimating an acceptable level of the audit risk; understanding the internal control system of the entity; determining rigorously of the terms of the mission.audit, planning, particularities, risk, engagement