A CISA is expected to have a thorough understanding of the entire audit process. Choose two of the 10 stages (listed below), and in your own words describe each chosen stage and its importance to the

A CISA is expected to have a thorough understanding of the entire audit process. Choose two of the 10 stages (listed below), and in your own words describe each chosen stage and its importance to the overall auditing process. Discuss any challenges related to each chosen stage and how you would deal with them. How might success or failure of the stage impact the success or failure of the audit?

• Audit planning
• Scheduling audits
• Assuring competence of auditors and audit team leaders
• Selecting appropriate audit teams
• Assigning roles and responsibilities
• Conducting audits
• Maintaining audit program records
• Monitoring performance and effectiveness
• Tracking complaints
• Reporting to top management on overall achievements

300 words

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Citations and references required