Students Research Real-life Auditing Issues Report Writing - Accounting Assignment Help

Assignment Task

Task
Purpose: The individual research report requires students research real-life auditing issues using a case study approach based on a listed company’s financial report.
Task details: students are required to select one company from ASX 100.
1. Provide a brief summary about your chosen company’s key operations
2. Identify at least TWO key audit matters (a useful starting point will be the auditor’s report)
3. Discuss how these audit matters relating to financial reporting issues that involve significant management judgement
4. Discuss how these audit matters affect the audit risk i..e, increase or decrease the audit risk and why. It will be useful if you relate your discussion to the audit risk model.
5. Discuss the potential responses to these audit matters. In this part you need to discuss how you, as an auditor, formulate your own audit strategy, i.e., control reliance or predominant substantive approach'

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