1-You are an auditor of a retailer that operates entirely online and has no physical inventory on site beyond that necessary to operate. What auditing techniques would you use to check on sales, cost of goods sold, expenses, receivables, and cash? You may use a specific firm as an example. 2-Use at least two scholarly sources to research international auditing standards. If all countries agreed to follow a single set of auditing standards, what would the challenges be and how could these be effectively addressed?
