Using the information provided in the chapter background and gathered from the exercise on CS2-15, Complete the
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/666dd1ed2d7d8_197666dd1ed186da.jpg)
Using the information provided in the chapter background and gathered from the exercise on CS2-15,
Complete the following:
a. Perform a risk assessment of BUS?s growth-related change initiatives, including the name change
to BUG. Use the results of that risk assessment to prioritize those initiatives that are candidates
for internal audit projects.
b. Based on the prioritized risk assessment, determine the highest risk initiatives for which
the internal audit function should perform an internal audit engagements. Give the reasons
for your determination of highest risk.
c. Discuss the level of involvement the internal audit function will have in
the engagement selected in b. above. Consider:
1. Customer expectations.
2. Frequency and format of customer communications.
3. Internal audit resources available.
4. Type and amount of testing to be performed.
d. Develop a summary work program for the highest prioritized initiative
chosen for an engagement in b. above
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/666dd1ed66370_197666dd1ed5692d.jpg)