The purpose of this assessment is to have students display the practical application of auditing...

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Accounting

The purpose of this assessment is to have students
display the practical application of auditing theory to an actual
company.
Description: Students are to form groups of 4 students to perform
this analysis.
Each group will select a listed public company from the ASX200.
Your group will identify the major audit risk areas (at least 2) for
your selected company.
For each audit risk, your assignment should:
explain the potential impact of the audit risk on the
companys financial statements and
detail the auditing procedures to verify the account balances
impacted by the risk
Topics to be covered: all topics applied to an actual company.

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