Want to choose WOOLWORTH'S as my company on risk assessment report( Auditing and Assurance services). Refer the description and demo reports attached. Also refer the subject outline and grading criteria ( very imp). ASSESSMENT TASK 2: DESCRIPTION Scenario: You are a senior auditor in the firm of EA Partners. The firm has engaged a new client and has requested you to compile an audit risk assessment of the client. The purpose of the audit risk report is to use it as part of audit planning and preparation. Task: Choose a business in an industry with which you are familiar or in which you are interested. You may be connected to the industry because of a family business, you may have worked in the industry or you may be interested in the industry. You are required to perform an audit risk assessment of the new client using any research means at your disposal. Include in your research information released by the organisation (including its Financial Report), media (news, newspapers, industry magazines) and academic information. Your analysis should include the relevant inherent risks, which may be considered at specific account / cycle level, including your rationale for your assessment. The report should be concise, focusing on risks that have audit significance, and clearly outline their potential impact on the audit. Choose an appropriate report format and structure that best conveys the findings of your report. Marks are awarded for presentation (please refer to the marking criteria) Important: You may not approach any employee or manager of any business and speak to them. You may not represent to an employee or manager that you are undertaking research for any institution, including James Cook University. Further comments: Remember to briefly describe your industry and the firm to which the report relates all sections should refer to the appropriate standards, and standard paragraphs. The standards should be integrated into the document in a cohesive way. You should use an appropriate format for the report. A letter of transmittal is not required. Although no word limit has been set, the case asks for a concise report. Therefore, other things being equal, the more concisely you can present your results the higher will be your mark.