1. Short Client Evaluation You have been asked to consider a new audit for a retailer of software products. The company has approximate revenue of $2.2 million for the year ended 30 June 2019. Revenue has dropped each of the last 3 years between 20% and 30%. Expenses have increased again this year and the company's finances are struggling to keep up with this downturn in revenue and increasing costs. The bank account is in overdraft of $2 million. The company is hoping that by expanding into the USA, they will have a bigger market of potential customers and this will turn around their financial problems. Their software products are good but there is considerably more competition now than 5 years ago. The other problem is a potential law suit from an Australian customer who has been unhappy with the company's online support for its software products. Discuss in your group your evaluation of the client and identify the special risks that may exist with the acceptance of this new client