Java Stop Limited (JSL) is a private corporation with corporate offices at 10 Bay Street, Suite 409 in
Toronto. It was founded 2nd July, 2002 by Michael Beber. Mr. Beber was working as a banker at the time.
Required
Fill out the client acceptance checklist. This will need you to do research on the coffee shop industry. You can wish to contact the library if you need help with research. Feel free to expand the Knowledge of Industry section to have enough room to provide the results of your research.
b) Complete a preliminary analysis of the financial information.
c) Evaluate materiality based on the information you've been given and justify your calculation.
d) Identify four areas of inherent risk that might affect your audit planning. Would you say these are high risks or low?