4.1. Discuss the common frauds related to cash accounts. What should auditor do if there's internal control weeknesses over cash accounts? 4.2. Paul works for CPA firm, currently involed in an audit engagement. After an interview with client personnel, Paul noted that bank reconciliation procedure was not existed as a internal control at the client company. As consequences, the ending cash balance was different from Bank statement. Discuss the risks that the client company faces AND explain the possible reason for the differences between cash book and bank statement