1)Demonstrate a thorough understanding ofthe reporting requirements of auditing standards relating to auditors’reports

1)Demonstrate a thorough understanding ofthe reporting requirements of auditing standards relating to auditors’reports. 2) Explainhowtheauditplanningprocessdirectstheauditortoobtainadequate evidencetosupport auditfindings and addressthe importance ofmateriality in an audit. 3) Explaintheprocessofauditplanningtodetermineriskassessmentsandanoverallaudit strategy. 4)Explain the auditors’ obligations with regardsto understanding the client’s business and internal controls and assessing businessrisks. 5) Achieve a high level of competence in applying prescribed auditing techniques in gathering evidence to satisfy audit assertions.