1) You are the external auditor of Beemco Enterprises is working in Furniture, Construction, Interior Design business ac

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answerhappygod
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1) You are the external auditor of Beemco Enterprises is working in Furniture, Construction, Interior Design business ac

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1) You are the external auditor of Beemco Enterprises is working
in Furniture, Construction, Interior Design business activities in
the Sultanate of Oman. You are provided with its financial
statement of the company for conducting the audit.
a) Do you think that the audit risk assessment is important?
Justify your answer.
b) How can you assess the risks associated with the audit of its
financial statements.
c) How do you arrive an opinion on the financial statement of
the company?
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