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After  viewing the video –
Create a well thought out response to the assignment. 2 page ( 500-800 words) Double space, 12 pt, Times New Roman.
“Discuss the various activities that Max and the audit team completed during the audit planning.”
 Video link can be found by clicking on “Videos”
this is on Youtube:Dermaceutics: Audit Video by Coopers and Lybrand
Hints: think about

What is an Audit Program?
What is materiality?
What is a rent- holiday? How should this be treated on the Financial Statements?
When is the audit program final?

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