Suggested Time - 15 Minutes GigglesI Inc. has been a long-time audit client of yours and has a December 31. 2020 yearend. It is currently November 2020 and you are onsite at Giggles, Inc. to begin your interim audit work. In other audit years, you have been able to rely significantly on internal controls associated with the major cycles of revenue, purchases and payroll and that have always been evaluated as being very strong. At your kick-off meeting with the client, you have been made aware that both the controller and AIP clerk were fired in June 2020 and have now been replaced with new staff. Management is insisting that the staff transition has gone reasonably well, but you are aware that the new A/P clerk is still working significant overtime to clear the backlog of supplier complaints about not getting paid. Required: Consider what you know about Giggles, Inc. With reference to internal controls, explain whether your approach to planning and executing the yearend substantive audit for 2020 may have to change