ACCT1059 Auditing|Financial Report

This case analysis relates to the case study, titled Sheridan AV, which is featured in AuditSIM. The details of the case study cover key aspects of a financial report audit. this is the link to AuditSIM : slide of Powerpoint and a transcript. I choose Inventory as one of the audit risk. So the audit risk is in account Inventory: 1)Identify the audit risk 2)Describe the factors that led you to identify the audit risk 3)Explain why you feel it is a key audit risk 4)Describe what testing you would plan to do to address the audit risk Note: You are highly encouraged to cite the relevant sections of the Auditing Standards (ISA/SSA) and/or related regulations where appropriate in your presentation.
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