Create a framework for your audit procedure using the Audit Risk Approach. Your framework should include the following:

o At least 3 examples of how you would mitigate risk in your audit

o At least 3 accounts or areas that you would focus your attention on for this audit

o An outline of tests and procedures that you would employ based on your company

o A detailed analysis of the sampling techniques that you would utilize for each of the 3 accounts or areas that you chose

o An explanation of the type(s) of documentation that you would require as audit evidence