DIRECTION,SUPERVISION AND REVIEW

DIRECTION, SUPERVISION AND REVIEW

The auditor shall plan the nature, timing and extent of direction and supervision of engagement team members and the review of their work.

The nature, timing and extent of the direction and supervision of engagement team members and review of their work vary depending on many factors, including:

1. The size and complexity of the entity.

2. The area of the audit.

3.The assessed risks of material misstatement

4. The capabilities and competence of the individual team members performing the audit work.