For each audit risk, your assignment should: • explain the potential impact of the audit risk on the company’s financial statements and  • detail the auditing procedures to verify the account balances impacted by the risk

/in /by

you will select a listed public company (JB- Hifi) from the ASX200.

You will identify the major audit risk areas (at least 2) for your selected company. For each audit risk, your assignment should:

• explain the potential impact of the audit risk on the company’s financial statements and

• detail the auditing procedures to verify the account balances impacted by the risk