Your firm has been performing the audit of Toastco for five years. Since last year there has been a change in corporate governance in composition of the board of directors, although composition of the audit committee remains the same as in previous years. In a memorandum to the audit team, explain the impact of the change in audit risk. Your response will be graded for both technical relevance and writing skills. For writing skills, you should demonstrate an ability to develop your ideas, organize them, and express them clearly. Do not convey information in the form of a table, bullet point list, or other abbreviated presentation.