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1. Management has asked the internal audit function to work with them to create a list of the top potential acquisition candidates that have online

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1. Management has asked the internal audit function to work with them to create a list of the top potential acquisition candidates that have online trading capabilities similar to E-Trade. You should consider organizations with an international footprint that would be good strategic matches for BUS. Specically outline the characteristics you believe make then good acquisition targets for BUS. 2. Assuming management selects E-Trade as the best acquisition target, complete the high-level due dil- igence checklist that you outlined in scenario 2 based on what you can learn from research ETrade. a. Identify the ve most signicant areas of risk for the integration of E-Trade's international online equity trading platform into BUS's service offerings using the illustrative consulting engagement risk model illustrated in exhibit CS 3-3. h. Assume that the internal audit function has agreed to perform a blended consulting engagement intended to advise management on steps to enable a smooth integration of ETl'ade's international online equity trading platform into BUS's current retail banking operations. In addition, the inter- nal audit function has been asked to conduct procedures to monitor and report on the success of the integration. Outline the internal audit resources that would be needed, including the number of internal auditors and the type of experience that would he required. c. What kind of communications should the internal audit flmction provide to management regard ing the consulting engagement described in b. above? Be specic as to the type, content, and tim- ing of each planned communication

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