The Auditing Project will consist of the development of extended audit procedures in separate situations $($weighted equally$)$ where accounting and auditing issues have arisen. These situations include issues with accounts receivables and allowances; inventory and potential obsolescence; and accounts payable misstatements.

Reference the three separate scenarios included in Canvas and develop extended, beyond the normal procedures we would perform to address a low level of risk, procedures to address the higher audit risk in these areas.