Project Explanation: You are thenew auditor for Microsoft company. Another auditor performed the audit last year.

As the new auditor, you are to develop a comprehensive audit plan. The auditing standards describe the components of what is to be included in an audit plan.

You are to describe accounting and auditing issues in the audit you will face as the new auditor. You are to identify the company's risks, how these risks will affect the audit, and how you will mitigate the risks. For example, if you select a company with overseas manufacturing plants that produce inventory, what approach will you take to observe the inventory in the U.S. and overseas? What will you include in your audit plan? Note that this report is to be written from an auditor's perspective and not from an analyst's perspective performing an analysis of a company's financial statements. The perspectives are quite different.

The deliverable should be five to seven pages, single-spaced, Data visualization, small charts, and your commentary are included in the page count. Financial statements are not included in the page count.

You must have a reference list, including the course's link to the SEC-10K and learning resources. You must include and discuss graphics or charts in your report.