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Explain two key business risks which would impact

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Reference no: EM133156669

Question - You are a part of the team responsible for planning the audit engagement for Temple and Webster Group Limited (ASX code - TPW), a homeware and furniture retailer, in 2022. You are required to gather relevant background information and write a report for a meeting with your audit seniors. Assume that this is the first time your firm will audit this client. Required: Your report must address the following issues:

(i) What are the principal sources of TPW's revenue?

(ii) Based on your understanding of TPW and its environment, list and explain two key business risks which would impact on the audit of TPW.

Reference no: EM133156669

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