Write the given assignment.

Instructions

This assignment is an essay and should include an abstract, introduction, body, conclusion and bibliography.

Maximum word count 1500 words not including the abstract and bibliography. Incorporate at least 10 academic references. Be sure that you know what an academic reference is.

Essay topic: Outline the factors that an auditor would have to consider when determining the level of acceptable audit risk they would be willing to take when conducting an audit. Critically evaluate the importance of these factors and include in your discussion factors that would be influenced by:

1. User reliance on financial statements

2. Likelihood of financial difficulties

3. Management of the firm being audited

Style and format: The following must be included/followed:

• An abstract of approximately 150 words on a separate page.

• A reference list, listing all references that have been used AND cited in the essay, with the heading REFERENCE LIST and presented starting on new page. DO NOT list references that you did not cite in the essay.

• Harvard referencing must be used (both in text referencing and a reference list)

• 12p font

• 1.5 line spacing

• 2cm margins all round