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Hello! Please help me with this one! As informational/detailed as possible. Please elaborate all the answers. '1. What are the key AUDIT risks applicable to

Hello! Please help me with this one! As informational/detailed as possible. Please elaborate all the answers.

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'1. What are the key AUDIT risks applicable to franchisors? Relate these risks to the FS assertions. 2. Are there any fraud risks that can arise from franchising? Explain. 3. What are the audit procedures to be performed in relation to No.1 and No. 2? 4. What are the required disclosures in relation to franchises in the point of View of mil 5. Would the m or auditor engage an expert in relation to accounting for franchising-related concerns

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