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In February 2D21, during a halfyear a udit for the client, the manager has asked you to conduct risk assessment of the client. Answer following

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In February 2D21, during a halfyear a udit for the client, the manager has asked you to conduct risk assessment of the client. Answer following questions: 1] Identify and explain factors {at least four factors} that potentially impact on the inherent risk of the chosen company. Refer to Asilis 24B, 315 or other relevant regulation. 2] For each inherent risk factor identified in questions 1}. explain hosv the risk factor will impact on the approach to the audit of the chosen company. 3] Determine the components of the audit risk model and comment on the risk model ofthe chosen company. Refer to ASAs zoo or 315, or other relevant regulation. 4] Comment and provide recommendations regarding overall audit strategy for the chosen company. Refer to ASA 30D or other relevant regulation

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