A) Discuss the concept of "reasonable assurance" and the degree of confidence that financial statement users should have in the financial statements.

B) What are the responsibilities of the independent auditor in the audit of financial statements? Discuss thoroughly, but in this part, do not include fraud in the discussion.

C) What are the independent auditor's responsibilities for the detection of fraud involving misappropriation of assets and fraudulent financial reporting? Discuss fully, including your assessment of whether the auditor's responsibility for the detection of fraud is appropriate