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Case 1 Case 2 Case 3 Case 4 Case 5 Case 6 Case 7 Case 8 IR 25% 40% 60% 70% 70% 70% 95% 60%

Case 1

Case 2

Case 3

Case 4

Case 5

Case 6

Case 7

Case 8

IR

25%

40%

60%

70%

70%

70%

95%

60%

CR

50%

50%

60%

100%

50%

70%

40%

50%

AR

3%

4%

5%

5%

2%

1%

3%

1%

DR

Help with an Audit Risk

Using your excel template, calculate DR.

  1. Which case will require the most audit work?
  1. Which case will require the least audit work?
  2. Using Case 1 as an example. If AR is changed to 4 % will the amount of audit work performed INCREASE or DECREASE?
  3. *Please help with this practice for my class and exam* I will be grateful

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