Audit Plan For GPSA Limited 2017: Potential Risks, Business Risks, Internal Controls, Weaknesses, And Essay.

Question 1AAuditing firm Miller Yates and Howarth is engaged in the preparation of audit plan. One of the most outstanding and significant clients of  MYH is GPSA for which accounting records are audited.  Internal control of organizations are placed great reliance by the auditing firm derived from extensive test control. There are several area of concerns related to some accounts of organization in preparation of audit plan. An…