1. In the context of the Statement on Auditing Standards (SAS 99 AICPA) and/or ISA 240 (IFAC), what are the (a) incentives/pressures, (b) opportunities and (c) attitudes/rationalizations with regard to the risk factors (misstatements) arising from misappropriation of assets? Discuss.
2. What are the arguments for and against performing non-assurance services?
3. What do you think about auditor tenure in relation to audit quality?