Identify three key or significant audit matters

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Reference no: EM132688874

Question 1. Identify and explain three key or significant audit matters that were raised in the audit report that may lead to the risk of material misstatement in the financial report of your allocated company.

For every Key audit matter identified, discuss how the auditors responded to each matter raised. You are to discuss your own point of view about each of the key audit or significant matters, how they are important and their impact on the financial reports if not corrected

Question 2. Apply analytical procedures to the financial report information of your allocated company for at least two years. For this purpose, restrict your procedures to ratio analysis (use at least two ratios each for profitability, solvency, and liquidity).

Reference no: EM132688874

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