FGH & Co., Chartered Accountants, have been appointed as the statutory auditors of Alpha Ltd., a company engaged in manufacturing electrical…

The ascertaining of reporting objectives of the engagement helps the auditor to plan the timing of audit procedures and the nature of communications. Some of the relevant instances are: The entity's timetable for reporting.Organization of meetings to discuss the nature, timing, and extent of audit work with management.Discussion with management regarding the expected type and timing of reports to be issued, including the auditor's report.Discussion with management regarding expected communications on the status of audit work throughout the engagement.Expected nature and timing of communications among engagement team members, including team meetings and review of work performed. Accordingly, by considering the above instances, the auditor can effectively plan audit timing and communication, thereby ensuring a well-structured audit strategy.