A company has completed the preparation of balance sheet and income statement and has closed the books of accounts. The audit has to be done for the closed books of accounts. The audit was purpose is to find out also the profit and loss position of the company. The audit showed that there were entry errors and omissions that include expenses not being reported as well as some inventories not being adjusted to show the current level. These errors lead to issues in their balance sheet. Based on the above scenario: 1 Design at least 2 acceptable types of audit that can be used by an auditor with a detailed with your own practical example fitted in this case scenario. 2. Prepare proper procedures of audit that should be followed by the auditor in this case and provide practical recommendations to resolve the omissions committed.