Which transaction cycles are the high-risk areas


Assignment

Based on the background research and analytical procedures performed in Stages a-c, summarize your observations about the company's business, including your assessment of the client's business risk. Prepare a broad audit plan:

• Which transaction cycles are the high-risk areas?

• Identify at least three risk areas in the audit of this company and describe: (1) the risk; (2) why you have assessed this as a specific risk; and (3) how you would perform the audit to address this risk.

• If management faced tremendous pressure regarding the entity's financial performance, what opportunities might exist for them to engage in fraudulent financial reporting?

Above is what you need to write the group paper about. Only three pages by analyzing my teammates' parts to answer those questions!!!!!!

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

Attachment:- Insturctions.rar

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Risk Management: Which transaction cycles are the high-risk areas
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