Planning of an Audit Work: 3 Essentials | India | Planning | Auditing
The following points highlight the three essentials required for planning of an audit work. The essentials are: 1. Division of Work 2. Audit Records or Working Papers 3. Method of Work. Essential # 1. Division of Work: An auditor's establishment consists of himself and his partners, supervisors, a few senior clerks and a number of junior clerks. It is only [...]