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How will the transaction affect audit plan for tcl

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Reference no: EM132515292

Question 1: On 30th October 2019, TCL announced that it had completed the purchase of the 34.62% minority interest in the M5 West toll road, which it funded with a $500 m institutional placement. How will this transaction affect your audit plan for TCL?

  1. Stick to three items.
  2. Make sure they are material
  3. Make sure they are specific to the risk that you have discussed.
  4. Make sure that your response to the risk is
  5. Practical
  6. Specific to the risk

Reference no: EM132515292

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