In Part III (Appendix 11B) of the audit case, the audit staff of Adams, Barnes & Co. identified specific revenue risks on working paper RA-12 (page 494). However, the “Summary of Audit Approach” section is incomplete (in process) for risks 2 and 3.
Review the audit program (working paper B-6) on pages 495–496 and identify the substantive audit procedures that were designed specifically to address these risks of material misstatement.