ECON2251 Auditing and Assurance Assignment

Assignment Help Auditing

Reference no: EM132502173

ECON2251 Auditing and Assurance - Durham University

COMPANY ALLOCATION : TUI

Scenario:
You are a new audit manager in your professional practice. You recently attended a briefing from the Ethics Partner where the comments of the FRC about the Deloitte audit of Autonomy and others were discussed. Your firm is very aware of the increased scrutiny of audit by the media and the regulators and is aiming to ensure that the initial stage of client review and acceptance is explicitly robust.
As the audit manager for a FTSE client, you are reviewing the validity of your appointment as auditor. To help support the development of your audit team you have decided to summarise your findings in a poster.

Required:
POSTER
Summarise your review of the validity of your client appointment, showing your findings regarding the KEY issues of BOTH the client's integrity and issues of professional ethics.
As the review into the reform of the audit market in the UK has continued, highlight ONE suggestion and show how this could affect your audit engagement with this client in the future. Do you believe this will enhance audit quality?

Your poster should be A3 (in electronic format) supported by any relevant appendices and references. This can use Powerpoint, Publisher or Word Formats but it should be readily legible (no smaller than 10 font) and designed to enable the reader to easily assimilate the information. You may use relevant design tools and colours etc. to aid in this communication

REFLECTIVE STATEMENT 500 words

i) Explore why you chose to discuss the specific audit reform in your poster and
ii) Reflect upon how your research into these issues, your class discussions, your formative discussion and the discussions in the Accounting Forum have informed these views.

Attachment:- Audit summative.rar

Reference no: EM132502173

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