audit senior

Based on the provided information in this case, identify two major inherent risks and explain why you believe they are inherent risks.

ASSIGNMENT Case Information:  You are the audit senior of High-Quality Equipment Pty Limited (HQE), a consumer electronics and home appliances manufacturing company. Mobile Technology Pty Ltd (MT), a publicly listed company in the United States, is a mobile phone manufacturer. HQE is the wholly owned subsidiary of MT (i.e., MT is holding 100% shares of […]

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