Are annual audit plans useless?

It's a hot topic, so it is AUDIT DUEL debate-worthy!

Have you heard of the 3 + 9 or 6 + 6 audit plan approach? That was an idea Abbas Al Lawati, Head of Internal Audit at OQ8, brought up during the duel.

Jasim Khawaja, Portfolio Head of Internal Audit at United Arab Bank, argued risk profiles are different between organizations and industries, so audit plans have to adapt.

What are your thoughts?