ADVANCED AUDITING

In this assignment, you will prepare a 2-3 page professional document that addresses the requirements specified in the Cloud 9 case. Fully address each requirement and include at least two current references to scholarly and/or authoritative sources.

Instructions

Specifically you will be required to:

1. Calculate the required ratios for all given years.
2. Identify and explain high inherent risk assertions.
3. Analyze and draw conclusions about the nature and extent of tests of controls.
4. Analyze and draw conclusions about the nature, timing, and extent of substantive procedures.

The specific course learning outcome associated is:

• Develop conclusions about risks, control tests, and substantive procedures for a given client using analysis and calculations.