The planning phase has focus on identifying essential and risky systems and processes.
The planning of a financial audit is intended to give us insight into the ministry’s administration and the risk of material misstatements in the accounts. With this information at hand, we are able organise a targetted and effective audit that has focus on the essential and most risky processes. We plan the audit to obtain reasonable assurance that the accounts are not materially affected by misstatements. In the conclusion, we state whether the information presented by the ministries in the public accounts is correct and whether the ministries have complied with the appropriations.
The planning of a compliance audit or a performance audit is intended to give us insight into the ministry’s administration and management of specific policy areas. We select audit subjects that have a substantial impact on the financial results and other information included in the financial statements like, for instance, information on salary expenditure, procurement expenditure and income from sales and fees. With this information at hand, we are able to plan a targetted and effective audit that provides reasonable assurance that the financial data provided by the ministry are not affected by material breaches or administrative shortcomings.