List and discuss several inherent risk factors

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Reference no: EM131498550 , Length: word count:1500

AUDITING AND ASSURANCE SERVICES INDIVIDUAL ASSIGNMENT

One.Tel Case - Strategic Business Risk Assessment, Inherent Risk Assessment and Preliminary Going Concern Assessment

Discussion Questions

1. List and discuss several factors that would have contributed to an increased inherent risk assessment at the financial report level. Also identify which of these factors may be identified during the strategic business risk assessment.

2. List and discuss several inherent risk factors that would have contributed to an increased inherent risk assessment at the account balance level.

3. Do you believe that the area of going concern should be assessed as high, medium or low? Identify the factors that are the basis for your decision.

Attachment:- Case.rar

Reference no: EM131498550

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len1498550

5/17/2017 2:51:02 AM

Australian student, total 1500 words, we need to answer just those 3 questions which are on last page. 500 words for each answer. This assignment is to be submitted in accordance with assessment policy stated in the Subject Outline and Student Handbook. It is the responsibility of the student who is submitting the work, to ensure that the work is in fact her/his own work. Incorporating another’s work or ideas into one’s own work without appropriate acknowledgement is an academic offence. Students can submit all assignments for plagiarism checking (self-check) on Blackboard before final submission in the subject. For further details, please refer to the Subject Outline and Student Handbook.

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