Identify at least three points for each company

Reference no: EM133507292

Question (a) Identify at least three (3) inherent risks (can be more than 3) that you would have to consider for the company in the audit planning phase and justify your answer.

Question (b) Prepare the audit plan. Which audit procedures and/or tasks would you have planned to carry out in response to the inherent risks identified by you in (b) above?

Question (c) Carry out a preliminary analytical review on the company's financial statements in the planning phase and identify areas of concern (high risk or problem areas). Identify at least three (3) points for each company and justify your answer.

Reference no: EM133507292

Questions Cloud

What the revision might look like and why : Post your prediction of how the two ethical principles, standards, or guidelines you selected from the APA Ethical. What the revision might look like and why.

What is may taxable income assuming : What is May's taxable income assuming that the expenses are deductions for AGI? - please show your computation to receive full score)

How are things in the environment : For example, how are things in the environment, such as faces and places, represented in the brain? How is this applied to learning?

What benefits of having multidisciplinary professional team : What are the benefits of having a multidisciplinary professional team working with justice-involved mentally ill individuals in the criminal court system?

Identify at least three points for each company : Identify at least three (3) inherent risks (can be more than 3) that you would have to consider for the company in the audit planning phase and justify

What is a certain area of research you feel is better suited : What is a certain area of research or topic you feel is better suited for qualitative research rather than quantitative?

Define the aicpa code of conduct principles of objectivity : define the AICPA Code of Conduct principles of objectivity and independence. How are they similar, and different? Cite an illustrative example to help define

What can be learned about the community : Access a windshield study for a community. what is the summary of the survey? What can be learned about the community?

While assisting allied health professional of your choice : How often would the resource need to be updated? How could you ensure this happens regularly? What could you do to ensure this does not happen?

User Account

All Pages