Provide two causes of information risk

Reference no: EM132676922

Questions -

A. Provide two causes of information risk relating to the financial statements of BL and explain how the conduct of an audit reduces each.

B. Describe a management responsibility relating to the financial statements of BL that has not been properly completed. Explain why this management responsibility is important.

C. Identify two independence threats that exist for the auditors of BL. For each independence threat, explain why it is a threat and describe a potential mitigating strategy.

D. Describe five Canadian Auditing Standards ("CASs") that have been violated by Waller and Co. Explain why. For each, provide a specific quality control recommendation that could have prevented the CAS violation.

Reference no: EM132676922

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