Answer the questions by referring to any five published journals in internet (at least 5 journals).

Question 1) Review of management assertion. (16 marks)

-Able to clearly review/explain all of the following for the question 1

Existence

Completeness

Valuation

Presentation

2)Implication of auditing on firm's performance.(10 marks)

Able to provide four detailed implications on how auditing can help improve the performance of a firm.