• For Exxon Mobil, Discuss what you see as the three most important audit risks for the company? Audit risk areas might be the same and business risk areas, but audit risk is the risk that the financial statements will be wrong, and that the auditor wont catch the misstatements. I am looking for you to think about accounts and/or disclosures that are most likely to be misstated, and to tell me why they might be misstated.