Topic:

You are the audit senior with Luccia & Jansen (L&J), a large Accounting and Auditing firm with offices in Australia and throughout the world. You have been approached to undertake the audit of Reliable Printers Ltd (RPL) for the year ended 30th June 2019. RPL prints books, magazines and advertising material for the publishing, educational and advertising industries on a print-on-demand basis.

Refer to the case study notes in the rear Appendix of your textbook then, based on the case study notes, assemble an (albeit imaginary) audit team and construct an audit plan/program for the Accounts Payable section only of this engagement.

Specific guidance:

1. Formatting: Choose an appropriate format for your Audit Plan/Program.

Hint: There is an extract of an Audit Program on page 207 of your textbook (recreated below) that you can use as a starting point, but more columns and rows will need adding. For instance, as illustrated, you will need to have a column to indicate which assertion is being addressed by the test (for test of controls, the "Audit Objectives" column would be reworded to "controls to be tested" or something similar, perhaps.). An online search will provide many more equally acceptable templates. A tabular format is preferred for your Audit Plan/Program, but some explanatory discussion will be required for some sections of the assignment.