"Halum Toys is the biggest privately owned toy manufacturer in Bangladesh. Mission of this organization is To be the first choice of the children by making their dreams come true with the help of excellence and innovative technology. It is an export based organization, which only sales toys in the international market. The company is enjoying a handsome amount of profit because of low labour cost and availability of raw material. As this company only sales its products in the international market, for the better understanding, it always keeps its counting in dollar. This company has a broad portfolio with various kinds of soft dolls, but Halum is the main leader among all these dolls. Halum - a soft yellow-brown striped tiger, who can repeat words whatever it, listens. It has a huge family with 20 different characters. The company imports raw material of the product from Xing Tao company in China. The Procurement Manager alone authorised all cash payment documents for purchasing raw material from china. It doesn't require authorisation from other. The company has permanent staff and casual staff. All the staff members are required to attend periodic company training sessions covering product knowledge and inventories and cash handling requirements of the organization. Although, there is no monitoring system developed to look after this. The company thought about forming internal audit committee few years back; but the committee never took action in reality. Finally, they have appointed an audit firm named Yodo Co. to conduct an audit. Because of time consistency, the company requested the audit firm to complete the audit procedure within a short period of time. Despite having human capital shortage, Yodo Co has completed the auditing task within a very short period of time. Requirement Based on the above description, evaluate the Control risk and Detection risk