explain the major types of audit plansthree major, Financial Management

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explain the major types of audit plansthree major

Explain the major types of audit plans

Three major types of audit plans

Strategic -this the long term forward looking audit, it continually gets updated and identifies areas of audit importance.

Tactical - this looks at plans for the coming year, timetabling resource allocating and identifying main audit objectives taken from the strategic plan.

Operational -detailed audit programme for every specific audit.

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