ADVANCED AUDITING QUESTION.

Overview

In this assignment, you will prepare a 2-3 page professional document that addresses the requirements specified in the Cloud 9 case. Fully address each requirement and include at least two current references to scholarly and/or authoritative sources.

Instructions

Specifically you will be required to:

1. Calculate the required ratios for all given years.
2. Identify and explain high inherent risk assertions.
3. Analyze and draw conclusions about the nature and extent of tests of controls.
4. Analyze and draw conclusions about the nature, timing, and extent of substantive procedures.
5. Use at least two current, quality academic or authoritative sources in this assignment. Note: Wikipedia and similar websites do not qualify as quality scholarly and/or authoritative sources. Use the Strayer University Library to conduct your research.

This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all supports. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

• Develop conclusions about risks, control tests, and substantive procedures for a given client using analysis and calculations.