Identify at least three points for each company

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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

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