ACC6030 Auditing and Assurance Services Assignment

Assignment Help Other Subject
Reference no: EM132424020

ACC6030 - Auditing and Assurance Services - Edith Cowan University

Case study

You are member of an investigation team to research and report on the "true and fair" status of the financial statements of a high profile international company and to critique on the opinion given in the "Independent Audit report" and importantly focussing on the details given in "Key Audit Matters" by this company's Auditor.

Company - Worsley Alumina

Required

You need to investigate the facts of the case study and using the risk-based auditing approach, auditing concepts, auditing standards and case laws and other information which you have learnt in this unit, such as:

• ASA 315 - Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment
• ASA 320 - Materiality in Planning and Performing an Audit
• ASA 330 - The Auditor's Responses to Assessed Risks
• ASA 560 - Subsequent Events
• ASA 570 - Going Concern
• ASA 700 - Forming an Opinion and Reporting on a Financial Report
• ASA 705 - Modifications to the Opinion in the Independent Auditor's Report
• ASA 706 - Emphasis of Matter Paragraph and Other Matter Paragraphs in the Independent Auditor's Report
• APES 110-Code of Ethics for Professional Accountants

The above list is only illustrative and your case study report is not required to address all the above mentioned topics. You can include other auditing standards covered in this unit, as related to this company.

You need to discuss the impact and relationship of the auditing standards so determined above, in the context of auditing theories, concepts, regulations, practices and other topics which you have learnt in this unit, such as:
• Business risk
• Corporate Governance
• Ethics and culture
• Whistle-blowing
• Inherent and control risks
• Action by creditors, shareholders and regulatory agencies
• Internal control
• Reporting obligation of auditors

• Auditor's negligence and contributory negligence
• Auditors independence, duties and continuity
• Aggressive accounting policies used in financial statement
• Fraud and misappropriations
• Regulatory bodies

The above list is again illustrative only and your case study report is not required to address all the above mentioned auditing standards. You can include other topics of this unit, as related to the company assigned to you for investigation.

Attachment:- Auditing and Assurance Services.rar

Reference no: EM132424020

Questions Cloud

What are the goals of organizational change : Use internet resources to complete this assignment. Each question should be at least 150 words. What are the goals of organizational change?
Determine the important part of the marketing plan : What is the most important part of the marketing plan, and include an explanation of your company and product/service, situation analysis
Describe intelligence community capabilities and limitations : Create a user guide of the intelligence community's (IC's) capabilities and limitations using the intelligence cycle as a guide. Consider the following points.
Emergence of hub-and-spoke networks : What is the comparison between how Boeing's market strategy for their 787 Dreamliner airplanes, to that of the advantages of airline deregulation
ACC6030 Auditing and Assurance Services Assignment : ACC6030 Auditing and Assurance Services Assignment Help and Solution, Edith Cowan University - Assessment Writing Service - financial statements
Challenge to american automobile manufacturers : What is one emerging trend and related competition that will provide the greatest challenge to American automobile manufacturers?
What charges can be brought against the inmates : When a riot occurs in prison, the inmates sometimes seize a guard or other prison employee and hold that person during the period of the riot.
What price strategy makes the most sense : What price strategy makes the most sense here while you are calculating your price structure ? Do you think you will cost-base or value-base pricing
Discuss impact automation of forensic instrumentation have : Discuss the impact you feel automation of forensic instrumentation will have on crime scene evidence analysis in the future. 550-600 words excluding references.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd