Please answer the following questions in one Word document. Each answer should be approximately half a page, single-spaced.

Question 4:

Describe auditor liability under contract law, common law, and statutory law.Please describe the different causes of legal action and the related defenses.

Question 5:

Please describe the following discuss how and where they are used in the audit opinion formulation process:

1.Accounting cycles

2.Management assertions

3.Audit evidence and audit procedures

4.Documentation

Question 6:

Please the importance of the evidence concepts of appropriateness and sufficiency and explain how those concepts are influenced by the risk of material misstatement.Please also discuss the factors affecting the sufficiency and appropriateness of audit evidence as well as quality audit documentation.