Company 3M (MINNESOTA, MINING, AND MANUFACTURING) Please SEE 3M's 10k annual report for reference. Audit Risk Case - The audit risk case involves your participation in activitios that auditors undertake engagement during the preliminary stage of client acceptance through preliminary planning Financial Analysis: prepare a portion of the financial analysis and explain. Unusual or difficult to audit balances -complex, weird Unusual or unexpected or inconsistent trends in ratios Significant estimates and account balances . Risk Assessment Discussion and conclusion on audit risk that clearly and succinctly links the risks identified in the above analyses with financial statement accounts or disclosures and management's assertions about those accounts or disclosures. The most important aspect of presentation will be your supporting rationale for why you think that some management assertions/account or disclosure combinations will require more attention in the audit. Your group will choose six audit assertion and account or disclosure combinations. In addition, conclude as to whether or not the financial statements should report as if the entity were a going concern. Audit Tests Discuss two substantive tests that could be performed, in order address the risks noted above, for each assertion and account or disclosure combination