Question: 2. Prepare a detailed key audit matters section which includes TWO (2) key audit matters and audit procedures. Each key audit matter should relate to

2. Prepare a detailed key audit matters section which includes TWO (2) key audit matters and audit procedures. Each key audit matter should relate to the identified account balances and assertions at risk in question (-Write a letter to Felix Wong, Audit Partner of AuditTek highlighting the impact of COVID-19 on the audit of Crest Outfitters. In your letter, discuss how COVID-19 can affect: two account balances and related assertion-) above. Please answer in the tabular format of four columns (1) KAM number, (2) KAM title, (3) KAM detailed description, (4) Audit procedures. For example, the Audit report is in page 195 (PDF file) of the NAB 2021 annual report.

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