write my assignment 1221
According to the text, planning an audit involves establishing the overall audit strategy for the engagement and developing an audit plan in an attempt to reduce audit risk to an acceptable level. Select a balance sheet account or income statement account, and discuss the type of audit procedure that would produce the most reliable evidence for that account balance. Defend your position.
Can you please answer the above questions?
• Create a scenario in which a company conceals financial fraud from the auditing firm through theuse of information technology, and suggest at least one (1) way in which an auditing firm can…