Refer to chapters 5 and answer the following questions? > State the objective of the audit of financial statements. - In general terms, how do auditors meet that objective? > Describe management's responsibility for the financial statements. - Do you believe the CEO and CFO of a public company perceive an even greater responsibility as a result of the Sarbanes-Oxley Act requirement to certify the financial statements submitted to the SEC? Refer to chapters 6 and answer the following questions? > Discuss the similarities and differences between evidence in a legal case and evidence in an audit of financial statements. > List the four major evidence decisions that must be made on every audit. Refer to chapters 7 and answer the following questions? Identify the eight major steps in planning audits. > What factors should an auditor consider prior to accepting an engagement? > Explain the five elements that are part of a strategic understanding of the client's business