for the company Bombardier,

Assume the role of the entitys external auditor and prepare a report containing the following elements of the audit plan:

1. Perform an overall audit risk assessment in the context of the audit risk model, using the terms high/medium/low. Indicate your target audit risk, your assessed organizational inherent risk, your assessed control risk for the business as a whole and your planned detection risk. Use a table to summarize your results.

2. Determine planning materiality and provide your rationale (include quantitative and qualitative factors).

3. Present the results of key analytical procedures. Analyze the results on the impact on your audit work/audit procedures.