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Audit planning is a crucial phase in the auditing process that lays the foundation for a successful and efficient audit engagement. It involves careful assessment, identification of risks, and strategic decision-making. This article will delve into the essentials of audit planning and provide a comprehensive guide for audit firm in Dubai. Understand the client and industry: Before starting the audit planning process, auditors should thoroughly understand the client’s business, operations, and industry. This includes analyzing…Read More