Acc 411 For this project, you will focus on performing due diligence to determine the viability of a client before deciding to engage with them. Sound client acceptance procedures can help CPA firms identify potential problem clients before formally engaging with them. In addition, for this project, you will outline the scope and objectives of an external audit and ensure you have an adequate audit team to execute the audit. Scenario The partner at your CPA firm has asked for your help to evaluate prospective clients that the firm is interested in auditing. Using knowledge of Generally Accepted Accounting Standards (GAAS), best practices, and risk assessment techniques, you will evaluate a client through a due diligence process and identify the objectives and scope of the audit for this client. Additionally, you will identify key risk factors that could impact the client, and you will assess your audit team to determine if they can objectively meet the needs of the audit for the client. Directions Look at Colony Bankcorp Form 10-K. Perform an analysis. You will identify any account irregularities or other risk factors (red flags) within this analysis. You