Question: State whether Audit Risk was increased, decreased or not changed. Description Inc Dec Not Change Performed the audit for the client for the past 5yr

State whether Audit Risk was increased, decreased or not changed.

Description

Inc

Dec

Not Change

Performed the audit for the client for the past 5yr

The internal auditors of the client report to the controller

Acquisition of a company by your client

Client debt structure has increased

There are related party transactions

The client hired new staff accountants

The client fired a new CEO, CFO, CIO

The client changed a major vendor for inventory

The client changed a major vendor for office supplies

The client has become more solvent

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