Please Help with the following case study. I have attached all materials given.

Case 19-9 Dandelion Company Background The audit engagement team for Dandelion Company (Dandelion or the \"Company\") is in the planning stages of performing risk assessment procedures related to the investment account balance. The team has prepared a memorandum documenting its preliminary understanding of the investment account balance as of the close of Q3 (as of September 30, 20Y2) in order to plan its approach for the year-end audit (as of December 31, 20Y2). An excerpt of this risk assessment memorandum is presented in Handout 1. Note that an Appendix has been included to provide students with a good overall understanding of the different types of securities listed in this case, an explanation of fair value, and descriptions of the fair value hierarchy (Levels 1, 2, and 3). Any student who is unfamiliar with these terms should read the Appendix before reading Handout 1. Required 1. Read Handout 1 and discuss what you learned about Dandelion and its investments. 2. Now that you have a preliminary understanding of Dandelion's investment account balance, open Handout 2. The audit manager has informed you that the following risk of material misstatement (RoMM) related to the valuation assertion associated with the investments has been identied: Assumptions, inputs, or methods used to determine the fair value of the security are inappropriate on the basis of assumptions or observable or unobservable inputs in the marketplace and are signicant to the valuation (Level 2 securities). [RoMM #1] In addition, the following risk of material misstatement related to the presentation and disclosure of investments has been identied: The Company's classication of securities is inconsistent with the fair value hierarchy (e.g., it classies a security as Level 2 rather than Level 3). [ROM #2] None of these risks were determined to be signicant. Note that the above risks have been selected for the purpose of this exercise. An actual engagement would most likely have additional risks of material misstatement identied. Copyright 2019 Deloitte Development LLC All Rights Reserved