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20 a. Describe auditor responsibilities in relation to the prevention of audit fraud and error b. Calculte the FOUR ratio listed below for bot years,
20 a. Describe auditor responsibilities in relation to the prevention of audit fraud and error b. Calculte the FOUR ratio listed below for bot years, to assist you in the audit planning 1. Gross Profit margin 2. Inventory holding period 3. Gearing 4. Interest Cover c. Using the information provided and the ratio calculated, describe eight audit risk, and explain the auditor respond to each risk in planning the audit 20 a. Describe auditor responsibilities in relation to the prevention of audit fraud and error b. Calculte the FOUR ratio listed below for bot years, to assist you in the audit planning 1. Gross Profit margin 2. Inventory holding period 3. Gearing 4. Interest Cover c. Using the information provided and the ratio calculated, describe eight audit risk, and explain the auditor respond to each risk in planning the audit
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