Question: can you do question 6 only plz. 1. SSAE's define three categories of attestation engagements (examination, review, and agreed-upon procedures). Unde would the Oscars engagement
1. SSAE's define three categories of attestation engagements (examination, review, and agreed-upon procedures). Unde would the Oscars engagement would be considered? Explain your rationale. 2. What is the engagement risk affiliated with the Oscars? What is the information risk? Is there business risk? 3. The firm maintains a number of engagement controls during the nominations, balloting, tabulations and envelope "ha processes. Explain which control(s), if any, were deficient in design or in operation during the 2017Academy Awards. If yoL were no control deficiencies, explain why you believe the controls in place were adequate to prevent or detect an error. 4. Evaluate whether you believe the new controls implemented by the Academy and the firm after the 2017 error will s! reduce the probability of future errors. 5. Discuss two concerns that a PwC audit partner, audit client, or an audit client investor (i.e., shareholder) may have ha the 2017 error. 6. Brainstorm metrics to assess the short-term and long-term reputational damage.resulting from the error. How could. the economic effect (to PwC) of the 2017 error? 7. Consider how the costs and benefits of this engagement (to PwC) may have changed after the 2017 error. Do you thi should retain or dismiss the Oscars engagement? Justify your response
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