understand how to plan an audit engagement 270750

NEEDS TO BE IN APA FORMAT 6TH EDITION, REFERENCES NEED TO BE IN APA FORMAT 6TH EDITION ACCT685 1301A 01 Review Course: Auditing and Regulation Assignment Name: Unit 2 Discussion Board Deliverable Length: 125 word minimum Details: An audit firm must evaluate the client and the engagement according to professional standards. In your Discussion Board posting, answer the following questions: Should this evaluation be done on new and existing clients every year? Why or why not? What is the objective of this evaluation? What is involved in the evaluation process? Do you think this evaluation is an effective method to assess clients? Why or why not? What is the focus of the assessment? Objective: ? Understand how to plan an audit engagement, the auditor’s consideration of internal control, the public company audits of internal control, and the review of audit evidence before completing the audit;?????????????????????????????????????????????????????????????????????????????????