For more course tutorials visit www.acc492.com Audit Program Development. Based on the findings of the Internal Controls Questionnaire your team developed in Learning Team Meeting One, prepare a list of audit objectives for your selected business cycle. Then, develop an audit program to meet your stated audit objectives. Include substantive tests of transactions, analytical procedures, and tests of account balances in your audit program. Be sure to identify the procedures necessary to analyze the income statement accounts related to your selected business cycle.