1. Provided an excellent critical analysis of key factors contributing to audit risk on a global scale. 2. Provided detailed discussion on how KPMG, PWC, EY and Deloitte audit firms navigate and manage audit risk in the increasingly complex business environment, incorporating advanced insights, industry trends, and real-world examples. 3. Demonstrated critical thinking by addressing potential future developments or innovations in audit risk management. Note: Harvard referencing and citation is required