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Analytical review on the financial statements

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Reference no: EM132106867

ASSIGNMENT:

Review the audited annual reports including financial statements presented to the shareholders in respect of the company noted below and answer the questions.

Woolworths Group - 30 June 2018 (Annual Report)

Questions to be answered by the team or group:

Assume that your audit team is responsible for planning the audit for the Woolworths Group for the year ended 30 June 2018. Discuss your strategies in relation to the questions noted below -

1. (A). Identify at least three (3) inherent risks that you would have considered for the company in the audit planning phase and justify your answer.

(B). What audit procedures and/or tasks would you have planned to carry out in response to the inherent risks identified by you in (A) above?

2. (A). Carry out an analytical review on the financial statements of this company in the planning phase and identify areas of concern (high risk or problem areas) or comfort. Identify at least three (3) points for the company and justify your answer.

(B). What audit procedures and/or tasks would you have planned to carry out in response to the high risks or problem areas identified by you in (A) above? Alternatively, in relation to which area would you have minimised your evidence gathering procedure?

Attachment:- Assignment.rar

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The paper is the related to the strategic implementation Tempe Town Lake. This paper also highlights the requirement of the river and the benefit of the lake after viewing the video This paper has been prepared in Microsoft Word Document.

Reference no: EM132106867

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Reviews

inf2106867

12/3/2018 2:25:26 AM

Thank you ..there's one more thing i want to request you is that in my previous assignment of tax...in part 2a at the end of question it says show the brief calculation..so it will be great if you will provide the calculation too as its part of the answer of part 2a THanks for the solution, am going to give you more assignments in future and also will do some publicity in my friends group to take your help whenever required. I appreciate your help.

len2106867

9/7/2018 12:14:40 AM

person and will form the mark for your team work. Please note that you need to give a reason for the mark you have given your team members or you will lose half your team marks. The assignment should be treated as a team effort and not different questions being done by team members – all members are responsible for all questions in the assignment and marks will not be pro-rated for questions in any way.

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