Required: 1. Evaluate whether the audit procedures performed by the former auditor, Liling, at the interim stage of the audit are sufficient. Outline additional procedures (and the related assertions) that should be performed by the audit team based on your review of his work. Use a chart like the one below to structure your response. (24 marks) Evaluation of each procedure performed Additional procedures required 2. Based on all of the information that has been gathered 011 GGI (including that in Assignment 1), the partner has identified a nmnber of areas requiring further investigation. See the table below for details. For each of these areas, discuss how the issue presents a risk of a material misstatement at the assertion level and what assertion is affected, and design a substantive audit procedure to address the identied risk. Be specific; marks will not be awarded for generic audit procedures. Include what assertion(s) is being tested. Use a chart like the one below to structure your response. (18 marks)