When writing an audit planning memo, the purpose is to illustrate an understanding of the theory underlying the audit process, tailored to the facts of the case. The structure would include relevant components of: RISK ASSESSMENT • Overall conclusion (address staffing, scheduling, overall audit approach), in the manner requested (is it a change from prior year, focus on a particular issue, quality control, new client?) • Audit risk assessment So do 1 page on overall conclusion and 1 page on audit risk assessment. Find the audit risks and discuss using examples from the case being attached. Superior Fitness Limited is the case. Attaching the powerpoint discussing audit risk assessment.