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1) You are an auditor on an engagement. You are assigned to audit stockholders equity. What types of transactions would you expect to see affecting

1)You are an auditor on an engagement. You are assigned to audit stockholders equity.

What types of transactions would you expect to see affecting the stockholders equity account(s)?

2) You are an auditor on an engagement. You are assigned to audit your clients debt obligations.

What are some of the inherent risks related to debt obligations?

3) You are an auditor on an engagement. You are assigned to audit your clients stockholders equity.

What might be some inherent risks related with stockholders equity transactions?

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