What is an audit program and what is materiality


Assignment: Video Reflection

After viewing the youtbe video: "Audit Video by Coopers and Lybrand"

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

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

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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