consider Sheridan AV Case study

1.Identify a significant inherent risk at the industry and entity levels that could potentially increase the risk of material misstatement in Sheridan AV's financial statement. Name the accounts and assertions, and the level of inherent risks

2.Identify two poor internal controls and propose two recommendations you would raise in the management letter to David Sheridan.

3.Identify two strong internal controls and propose a control test for each control.