You are the senior partner in a small to medium sized audit firm. Your audit firm has recently been appointed as the auditors of Dive SA Limited "Dive SA", a recently listed company on the JSE. The year-end of Dive SA is 31 January 2022. Upon discussions with management, you discover that the previous auditor resigned because of a disagreement with management. The company specialises in organising diving excursions to popular dive sites off the coast of SA as well as Mozambique. The company caters for both South African and overseas customers. Dive SA accepts foreign currency from overseas customers, and although it is not widely publicised, prefers to receive cash, rather than credit card payments or electronic transfers. The head office of the company is situated in Sandton, and it has branches situated in Sodwana, Aliwal North and Hermanus. The company is doing extremely well, and has recently shown a steady increase in turnover. Due to the recent growth in the company, the previous manual system became inadequate for the company, and it was decided during the year ended 31 January 2022, to change over to a computerised system. The computerised accounting package is an "off the shelf package". None of the staff were familiar with the package, so it was decided to employ an IT manager to oversee the processing of the accounting records, as well as monitoring the integrity of the system. The newly appointed IT manager's previous job, was as a skipper of a ferry that was used to transport tourists to and from Robben Island. The growth in turnover in previous years is mainly due to the fact that the company has implemented a new bonus system for the management staff of the company. The bonus system states that if turnover exceeds budgeted turnover by more than 10%, a percentage of the excess turnover will be paid out to management. Management is extremely excited about this incentive. Dive SA suffered a substantial loss in the previous year as a result of a legal claim against the company. One of the activities of the company up until last year, was extreme shark-cage diving. The skippers of the boats were enticing sharks to venture closer to the boats, by "chumming" the water (throwing fish scraps into the water). The sharks began harassing other vessels, specifically the smaller vessels that took foreign tourists to view the local penguin and seal population. After a number of attempts by the local police to put a stop to these practices, the company was eventually taken to court where they lost their case and were forced to pay damages. Required: 2.1 Describe the risks that you have identified from the information provided