Tim Gobstop is the new CEO of your audit client, JJ Ltd. Recently, he has been tweeting frequently about the current Israel-Palestine conflict. His Tweets have triggered a media storm regarding the insensitive nature of the comments and have resulted in a slide in the share price of JJ Ltd stock. 

Required: 

Indicate how (increase/decrease/no effect) this issue would affect the components of the audit risk model and Identify and briefly explain what the appropriate the audit strategy should.

Answer rating: 100% (QA)

It is the danger of monetary impact thanks to changes within the rate of shares of the corporate and ... View the full answer