Each stage of an auditplanning, fieldwork, and wrap-upprovides an essential element of the engagement. Research the audit process using online library resources. Write a 4-5 page paper on the stages and elements of the audit process. Include the following in your paper:
- Outline the stages of the audit process.
- For each stage, list the elements of the audit process and the pivotal parts of each stage.
- Briefly explain the importance of each pivotal part in relation to the entire audit process.