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a company STY Limited exports goods to Korea, but in the transit tight checks by australian custom officials have delayed several shipments. the delays have

a company STY Limited exports goods to Korea, but in the transit tight checks by australian custom officials have delayed several shipments. the delays have angered Korean customers who in respond to the delays are treatening the company to reduce 10% from amounts owing as a compensation for lost production time.

one of the customers Covac limited, is claming that the latest batch of goods received was found to have very high levels of cheap additives.

Covac limited is refusing to pay its accounts.

required

identify key accounts that are subjected to an increase in audit risk. explain the factor increase the audit associated with the accounts idetified, mention key assertions

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