its a 2000 word assignment, based on a case study on audit related case. Attached is the case study and questions to be answered on audit related information.
QUESTION 1: For each of the four, find two factors of risk, one each of INHERENT RISK AND CONTROL RISK. then discuss on the audit formula DR= IR x CR. ( Detection Risk = Inherent Risk x Control Risk)
QUESTION 2: Discuss assertion based on Question 1.
QUESTION 3: Identify Why/What problem is causing the company to shut down. Need to identify more then 6 problems. Example Adverse Publicity ....etc.