> For the complete documentation index, see [llms.txt](https://finspectors.gitbook.io/finspectors-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://finspectors.gitbook.io/finspectors-documentation/audit-modules-auditor-view/planning.md). # Planning Planning sets the foundation for your audit. This section helps auditors define materiality, assess risks and decide which areas should be included in the audit scope before execution begins. The Planning module brings together the key decisions that shape the rest of the engagement. Instead of moving directly into testing, auditors first establish what is material, where risks exist and which FSLIs require audit attention. The Planning workflow includes: * **Materiality** * **Risk Assessment** * **Scoping** *** ### **Materiality** Materiality helps auditors determine what is significant for the engagement. In this section, auditors can select a benchmark, assess qualitative risk factors and calculate the key thresholds used throughout the audit. Auditors can: * Select or change the recommended benchmark * Answer benchmark and risk-related questions * Review the qualitative multiplier * Adjust threshold inputs * Generate Overall Materiality, Performance Materiality and Clearly Trivial Threshold * Review the final summary before submission These values are then used in risk assessment, scoping and sampling. *** ### **Risk Assessment** Risk Assessment helps auditors identify where the audit should focus. It combines auditor inputs, configurable risk rules and AI-driven analysis to assess risk at both the FSLI and transaction levels. Auditors can: * Review and update inherent risk * Set control reliance levels * Enable, disable or edit risk rules * Run Fins AI risk analysis * Review FSLI-level and transaction-level results * Finalize assessed risk after review The assessed risk is then used to support scoping and audit planning decisions. *** ### **Scoping** Scoping helps auditors decide which FSLIs should be included in audit testing. Finspectors recommends scoping decisions based on Performance Materiality and assessed risk. An FSLI is generally scoped in when: * The balance exceeds Performance Materiality * The assessed risk is High Auditors can still apply professional judgment by overriding the system recommendation and adding a justification. Scoping ensures the audit effort is focused on material and higher-risk areas before moving into execution.