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    Admin posted in the group CA Inter Audit Discussion Group

    1 year, 2 months ago

    Statement 1: The establishment of the overall audit strategy and the
    detailed audit plan are not necessarily discrete or sequential process but
    are closely inter-related.

    Statement 2: The auditor shall establish an overall audit strategy that
    guides the development of audit plan.

    (a) only Statement 1 is correct

    (b) Only Statement 2 is correct

    (c) Both Statements 1 & 2 are correct

    (d) Both Statements 1 & 2 are incorrect

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