AUDIT PLANNINGAND DOCUMENTATION 8 AN AUDITOR WHO DOES NOT UNDERSTAND A CLIENT'S BUSINESS TAKES A GREAT RISK Arens, Loebbecke: Auditing, &/E @2000 Prentice hall. IncArens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. 8 AUDIT PLANNING AND DOCUMENTATION AN AUDITOR WHO DOES NOT UNDERSTAND A CLIENT’S BUSINESS TAKES A GREAT RISK