wE 5) Below are ten independent risk factors which external users rely on the tatements. 1 The degre tails to detect employe thet of inventory from the warehouse becaue he are no restrictions on warehouse acces a on warehouse access and the dlient does not reconcile invwen tory on on hand to recorded amounts on a timely basis The likelhood that a dlient will have financial difficultes after the audit that a client will have financial difficuties after the audit report is issued , hdgment Required to Correctly Record Account Balances and Transactions The assigned staff on the audit engagement lacks the necessary skills to idenify actual errors in an account balance when examining audit evidence accumulated. 6 The auditor's evaluation of management's integrity ,. The individual items making up the total population also affect the auditor's expecta tion of material misstafement restructuring changes resulting from discontinued operations. k Fire losses, major property acquisitions, purchase of complex investments, and 9. The audit program omits several necessary audit procedures 10. The dlient fails to reconcile bank accounts to recorded cash balances. lentify which of the following audit risk model components relates most directly to each Requied of the ten risk factors: .Acceptable audit risk . Control risk . Inherent risk . Planned detection risk