Discuss the components of audit risk and possible business risk in the cash cycle. Suggest the audit
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Question:
Discuss the components of audit risk and possible business risk in the cash cycle. Suggest the audit procedures in handling the fraud related business risk in an organisation.
1.Clear introduction of a retail sector covering all of the following: Name, Address, Web Address, Distribution Channel products.
2.Clear discussion on the components of audit risk (related to the organisation choosed for no.1)
3.Discuss 4 possible fraud related to cash cycle (related to the organisation choosed for no.1)
4. Suggest 4 fraud related audit procedures involving cash (related to the organisation choosed for no.1)
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