Reference no: EM132573174

Audit Presentation

"ALIBABA GROUP" company to research and develop an audit plan based upon the below parameters. Create a PowerPoint presentation that communicates the following:

• Gain an understanding of the Company and provide background
• Perform a risk assessment of the Company:
o Identify what could go wrong
o Identify what the significant (i.e. elevated) risk would be
• For the identified significant risk, develop audit procedures which include:
o A controls based approach which touches on managements assertions
o Substantive testing approach (after factoring in controls)
The above procedures need to address how an audit team would gain comfort around management's assertions for those significant risk
• If you determine that only a substantive based approach will be taken (i.e. no control reliance), explain why and what additional work will be required

Attachment:- Audit Project.rar