1. ALLANSWERSMUSTBEMINIMUM100WORDSANDORIGINAL!

3. 1. ContingentLiabilities:

What are the auditor's concerns when it comes to contingent liabilities? What tests do the typically preform to evaluate the process around contingent liabilities?

2. Audit Process:

Class how does the internal audit department interact with the external auditors? How much of the internal audit's work can the external auditors rely upon when the are performing their audit work?

3. Types of Subsequent Events

What if the uninsured loss has a direct effect on the company's ability to function as a going concern? What are the auditor's obligations in this case?

4. Departures from Unqualified Audit Report:

What would be a specific example of where there has been a scope limitation on an audit?

5. Conditions for an Unqualified Report

Write a 100 words on this matter.