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Explain what key audit matters are

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Reference no: EM132613281

Name of the company: JB Hi -Fi

1) Explain what Key Audit Matters (KAMs) are and why they are included in the Audit Report? (260 wc)

2. Considering the impact of Covid-19 on our operations and financial results, can you advise me on whether KAM number one, Impairment Testing of Goodwill and Other Intangibles, provided in the 30 June 2019 Audit Report is still relevant? Please can you justify your answer to this so I can develop a better understanding of this part of the process. (260 wc)

Reference no: EM132613281

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