Prepare a broad audit plan for JP Morgan Chase and Co. based on your discussion covering at least the following topics:

Note: You should not just answer the questions. You should discuss how you will audit this company based on your answers to these questions. You should incorporate key information from the first four parts of this report.

a. What are major types of transactions and transaction cycles with this company?

b. What are the high-risk areas?

c. What are the low-risk areas?

d. If management faced tremendous pressure regarding the entity's financial performance, what opportunities might exist for them to engage in fraudulent financial reporting?

e. To what extent do you believe it will be appropriate to reduce assessed control risk?

f What form of auditors' report do you expect will be issued?