Garcia and Foster's documentation
Q2. Evaluate Garcia and Foster's documentation or mew unaersianuu ig UI VIC LUCID. s environment (workpaper B.2.1.) Describe any problems you find and provide suggestions for improvement. This question relates to Step 2 of the Garcia and Foster Audit Plan.Q3. Review Garcia and Foster's calculations of materiality thresholds for the 20X2 Audit (workpaper B.2.1.) Determine if the auditors correctly applied the materiality concept in their risk assessment procedures. Describe any problems you find and provide suggestions for improvement.
Q4. Evaluate other aspects of the Audit Risk Assessment memo (work paper B.2.1.) In particular, review the auditors' application of the audit risk model and brainstorming processes. Describe any problems you find and provide suggestions for improvement. Identify and document any additional problems you discover with the memo. This question relates to Step 3 of the Garcia and Foster Audit Plan.