Group Assignment The group term project is a hands-on exercise in planning a nancial statement audit. The project will give you an opportunity to consider how the concepts and techniques discussed in the course apply in auditing an actual business. Your team will take on the role of the audit engagement team for a publicly-traded Canadian company. Assume that your audit firm has already conducted its client retention procedures {this is not the first year that you are auditors), independence analysis, and has determined that the members of your team are the best people for the job. Now that has been done, your team is required to develop the client risk profile and plan the audit of the 'client company' (with a focus on the revenue cycle) for its upcoming year-end. Throughout the term, your team is expected to provide four deliverables {more details on each tart are rovided below : Description Allocation Session Due Client Risk Profile Assess Client Business Risk Client Risk Profile Preliminary Analytical Review {it lmlications to Audit, Audit Risk, Materiali Audit Strategy for Revenue Cycle Part _