Provide the AICPA standard code down to the specific paragraph. (AU-C, AR-C, AT-C, ET)

1. As a new auditor, you are working on a small entity with limited complexities. You are aware that the professional standards provide guidance regarding the identification of fraud risks. In particular, the standards address the characteristics of the entity which may be used to evaluate the risk of material misstatement due to fraud. Identify the GAAS paragraph which describes considerations specific to smaller, less complex entities.

2. You have been assigned to the audit of the Plunket Company, a nonpublic company. Another firm audited the statements of a wholly-owned subsidiary, Dawson Company. Those auditors issued an unmodified report for Dawson and you plan to do the same on the overall financial statements as the group auditor. Locate the paragraph that identifies the restrictions that exist on an auditor's ability to make reference to component auditors when issuing an audit report on group financial statements.

3. Assume that your firm is considering taking on the audit of a large bank. A partner in the office that will primarily be performing the engagement has a mortgage loan at the bank. Identify the specific paragraph from the AICPA code that will indicate any conditions under which this loan would not impair the firm's independence.

4. The firm Agnes and Abner, CPAs, has been asked to perform a review of historical financial statements for a regional, non-public company that is seeking a bank loan for expansion. Agnes is trying to reasonably ensure that the firm performs all required procedures. Provide the specific paragraph from the standards that describes two categories of professional requirements for this engagement