Hi there, I've attached a complete requirement from my professor for this auditing homework. Please help? Thank you!

Exercise 4.65 (page 165 Auditing & Assurance Services - Timothy Louwers David Sinason Jerry Strawser Jay Thibodeau , 6). Audit Strategy Memorandum. The auditor should establish an overall audit strategy that sets the scope, timing, and direction of the audit and guides the development of the audit plan. In establishing the overall audit strategy, the auditor should develop and document an audit plan that includes a description of (a) the planned nature, timing, and extent of the risk assessment procedures, (b) the planned nature, timing, and extent of tests of controls and substantive procedures, and (c) other planned audit procedures that must be performed so that the engagement complies with auditing standards. Required: Select a public company and determine a significant risk that could affect its financial statements. (Hint: Go to the EDGAR database at www.sec.gov and select the company's form 10-K. The 10-K will have a list of risk factors the company faces). Describe the risk and how it could affect the financial statements, including what assertions might be misstated. Prepare an audit strategy memorandum for the risk describing what controls the company might use to mitigate the risk, how you could test the controls, and what substantive procedures you might use to determine whether there is a misstatement. Because this is early in your auditing class, do not worry about specific procedures; just be creative and think about a general strategy an auditor might use. This assignment is to be typed with a one-page minimum submitted to me in a memo format as shown in Appendix B of this syllabus. This sample memo format is simply a framework to work from. To get a better understanding how to complete the entire audit memo, please refer to chapter four, Appendix B, Sample Audit Memorandum of Integrated Care Health Insurance Inc. This is a sample of how extensive you should complete your audit strategy memorandum. Exercise 4.65 requests that you use any public company. In order to be able to complete this assignment, you must choose a public company that interests you. Open up the latest 10-K and read what the business is all about, management's discussion and analysis as well as the risk factors. You will become familiar with the potential risks that the company is faced with and with this new knowledge, you should be able to identify sources of risk. Once you gain an understanding of the business and have identified sources of risk, you should be able to piece together which assertions are relevant, which test of controls and substantive procedures you may want to focus on. Please stay focused in one or two areas. Since you are selecting a public company, you could potentially write an audit strategy memorandum that may be several pages long. Try to keep it no longer than the sample you find in Chapter four, Appendix B. APPENDIX B: SAMPLE MEMO (SUGGESTION ONLY) To: From: Date: Purpose: Background: Issue(s): Guidance: Conclusion: Professor Name Date xxxxxxx xxxxxxx Either list the issues you see or the questions being answered xxxxxxxx xxxxxxxx