Business Finance Homework Help

Need help with my Accounting question – I’m studying for my class.

1. What is the role of an Audit committee? ( mini150 words –  max 200 words)

2. Imagine you are the auditor of an organization, and you find that the trial balance of the financial year does not tally (Dr and Cr are not equal) Explain the assertions you would apply. ( mini150 words –  max 200 words)

3. When an Auditor finds misstatements in entities financial statements which may be the result of fraudulent act, what should be the role of an auditor under that situation?