Learning Goal: I’m working on a accounting question and need the explanation and answer to help me learn.

Q1. What are the substantive analytical procedures used totest the revenue process? Explain what assertions about class oftransactions the auditor applies to collect the evidence.Your answer should have a minimum of 150


Q2.Explain major inherent risks in the payroll cycle. Give examples ofdocuments that auditors should review to identify those risks.

Your answer should have a minimum of 150 words. (5 Marks)

Q3. Youare the senior auditor in an engagement and are at the stage ofperforming the test of details of a franchise contract in the auditedcompany. Provide examples of transactions and documents you will beusing in the test.

Your answer should have a minimum of 150 words. (5 Marks)