The Importance of Audit Planning Reviewed by Momizat on . What is the purpose of audit planning if the audit may not ultimately follow the carefully thought out plan?  As may be inferred from Dwight D. Eisenhower's wor What is the purpose of audit planning if the audit may not ultimately follow the carefully thought out plan?  As may be inferred from Dwight D. Eisenhower's wor Rating: 0
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The Importance of Audit Planning

Posted date: November 08, 2017 In: QuickPress

What is the purpose of audit planning if the audit may not ultimately follow the carefully thought out plan?  As may be inferred from Dwight D. Eisenhower’s words—”Plans are worthless, but planning is everything”—the value of audit planning is not derived solely from the resulting audit plan.  Daniel Gartland, risk control consultant at CNA, describes the importance of detailed planning.

To read the full article in the Journal of Accountancy, click: The Importance of Audit Planning.

The National Association of Certified Valuators and Analysts (NACVA) supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines.

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