Question: Question 4 Based on your analytical procedures performed in Question 3, choose three (3) transactions/account balances and: (a) Identify the impact on Sheng Siong's audit

 Question 4 Based on your analytical procedures performed in Question 3,

Question 4 Based on your analytical procedures performed in Question 3, choose three (3) transactions/account balances and: (a) Identify the impact on Sheng Siong's audit risk, and explain why. ( b) Identify one (1) management assertion relating to each account balance/transaction that you identified which you as the auditor are most concerned about. Refer to SSA 315 Identifying and Assessing the Risks of Material Misstatement through Understanding

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