In your report , you must address the following issues . 1 . What are the areas in which NAB conducts its operations ? ( 2 marks ) 2. Identify and explain THREE business risks that could have an impact on the audit Of NAB! ( 6 marks ) 3. Using the NAB 2018 annual report , identify and discuss THREE accounts that could be at significant risk . "You also need to identify the key assertion at risk for each account . Do not use the same accounts reported in the Key Audit Matter Section in the audit report ( 6 marks ) 4 . The recent Royal Commission highlighted a number of internal control deficiencies and fraud perpetuated on NAB Clients for an extended period of time . These findings have serious ramifications for NAB . How will these findings affect your tendering decision? ( 2 marks ) 5 . Based on your assessment of the client's business and audit risks, would YOU undertake the audit ? Why? ( 2 marks )