1. Based on your understanding of fraud risk assessment and the case information, identify at least three specific fraud risk factors related to Urgent. Classify these risks in terms of What Can Go Wrong (WCGW) with each of the significant accounts and relevant assertions identified for Urgent's revenue and accounts receivable cycle. 2. What do you believe is the most significant risk related to the revenue account for Urgent? I 3. What special audit considerations would you propose in response to the significant risk you identified above? In your response, consider how you would change your approach to the nature, timing and extent of evidence in response to the identified risk.

1. Based on your understanding of fraud risk assessment and the case information, identify at least three specific fraud risk factors related to Urgent. Classify these risks in terms of What Can Go Wrong (WCGW) with each of the significant accounts and relevant assertions identified for Urgent's revenue and accounts receivable cycle. 2. What do you believe is the most significant risk related to the revenue account for Urgent? 3. What special audit considerations would you propose in response to the significant risk you identified above? In your response, consider how you would change your approach to the nature, timing and extent of evidence in response to the identified risk. 1. Based on your understanding of fraud risk assessment and the case information, identify at least three specific fraud risk factors related to Urgent. Classify these risks in terms of What Can Go Wrong (WCGW) with each of the significant accounts and relevant assertions identified for Urgent's revenue and accounts receivable cycle. 2. What do you believe is the most significant risk related to the revenue account for Urgent? 3. What special audit considerations would you propose in response to the significant risk you identified above? In your response, consider how you would change your approach to the nature, timing and extent of evidence in response to the identified risk