AAP 2 - Audit Planning

  • Level: Second year
  • Duration: 2 days
  • 30 & 31 March 2027
  • 16 & 17 August 2027
AAP 2 - Audit Planning
Course overview
Providing trainees with an understanding of all the required planning activities including understanding the entity, assessment of risk of material misstatement, fraud risk, risk of non-compliance with legislation, and materiality.  Incorporates the requirements arising from ISA 315 (Revised).

What do we cover in this course?

  • The ISA 300 and 315 requirements for planning an audit
  • Pre-engagement considerations
  • Updating or obtaining the required understanding of a client entity
  • Risk identification at both an overall AFS level and also at relevant assertion level
  • Designing procedures to respond to identified risk
  • Setting efficient levels of planning materiality
  • Considerations for setting an audit budget

Graeme O'Reilly

Training course developer and facilitator
ABOUT Graeme
Graeme has been training trainee accountants in the practical application of auditing theory for 30 years.  He is known for his ability to help delegates make sense of what might otherwise be complex topics and is passionate about teaching others.
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