Results of analytical procedures. (Please include your workings in an appendix). It is recommended that you make a horizontal analysis and prepare key ratios. Identify and explain which changes in the horizontal analysis and which ratio results would trigger further investigation in the audit. Note: You are not required to conduct a ratio interpretation. You are to focus in the explanation of the ratios which would trigger further investigation. (300)

Your identification and explanation of four (4) inherent risks that you identify from the business risks and analytical procedures. (350)

BUSINESS RISK which I already identified are:

Economic Risk, Financial Risk, Operational Risk, Security and Fraud risk