It is important that the auditor properly plan engagements for several reasons: to obtain sufficient competent evidence for the circumstances, to keep audit costs reasonable, and to avoid misunderstandings with the client (Arens and Loebbecke, 1997). The student learns about audit planning through the audit risk model. An intelligent worksheet, designed for student use, has been developed using information from a previously written hybrid system for going concern evaluation (Lenard et al., 1998). The expert system logic and the statistical program that were part of the hybrid system have been incorporated into a menu-driven spreadsheet that uses the technology of Excel (statistical modeling, links, and logical statements) to provide the student with a summary of important concepts of audit planning.
Lenard, Mary-Jane and Alam, Pervaiz, "An "Intelligent Spreadsheet" to Teach the Student the Basics of Audit Planning" (1998). AMCIS 1998 Proceedings. 13.