Which two (2) are the key areas of Exercise?
The clarify and confirm step is the first step of the audit planning process, where the auditor clarifies the requirements with the business leads, such as the audit client, the auditee, and the audit team. The purpose of this step is to ensure that the audit objectives, scope, criteria, and deliverables are clearly defined, understood, and agreed upon by all the parties involved. The clarify and confirm step also involves the identification of the audit risks, opportunities, and resources, as well as the establishment of the audit communication channels and protocols. The clarify and confirm step is essential to ensure that the audit is aligned with the expectations and needs of the stakeholders, and that the audit is feasible, effective, and efficient.Reference:
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