What the auditor should do during the observation

Reference no: EM132690396

Problem 1: Discuss the inherent risk assessment of the following items and explain why the auditor asses these inherent risks as high or low:

Inherent Risk Assessment - Prepaid Expenses
Inherent Risk Assessment - Intangible Assets

Problem 2: As an auditor of manufacturing company in KSA, explain what the auditor should do during the observation of the physical inventory count.

Problem 3: Discuss the theories of ethical behavior.

Reference no: EM132690396

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