You are a member of an audit team of GB

You are a member of an audit team of GB LLP (GB), a CPA firm tasked with auditing the financial statements of Molinos de Viento, Inc. (MVI), for the year ended December 31, 2021. This is the second year that GB has audited MVI’s financial statements. When the auditor in charge of the audit team (lead associate) reviewed MVI’s interim (unaudited) financial statements as of 12-31-21, she noted a new account (a financial asset) that did not exist the previous year. You have been given the responsibility by the Senior Auditor to investigate what would be the (minimum) audit procedures required to audit that new account.
To ask:
Identify the sources or resources that you would use to conduct the investigation requested for the audit of MVI’s financial statements. Remember to distinguish whether the company is a public entity (issuer) or a non-public entity (non-issuer). (5 points)