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Briefly explain what the appropriate the audit strategy

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Question - Tim Gobstop is the new CEO of your audit client, JJ Ltd. Recently, he has been tweeting frequently about the current Israel-Palestine conflict. His Tweets have triggered a media storm regarding the insensitive nature of the comments and have resulted in a slide in the share price of JJ Ltd stock.

Required -

-Indicate how (increase/decrease/no effect) this issue would affect the components of the audit risk model and

-Identify and briefly explain what the appropriate the audit strategy should be when performing the audit of this matter.

Reference no: EM133013065

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