Reference no: EM132996811
ACCG 3040 Auditing and Assurance Services
Steps
1. Form a team of 3-5 people in your tutorial and update the team listing on iLearn (refer detailed instructions below). Make sure you complete this step by Friday 27 August. For every day you are not in a group after this date there will be a 1-mark deduction to the mark you receive from the group section. Select a Group Leader.
2. Select a company in a relevant industry from the ASX 200 list provided on the iLearn database wiki page Case Study - Company Selection (refer detailed instructions below).
3. Review the 30-minute video course The Essentials of Team Collaboration, by Dana Brownlee available on LinkedIn Learning
4. Strongly recommended: Review the 13-minute video Introduction to Referencing (available on Echo360) and the series on The Art of Writing (also available on Echo360).
5. Complete the assignment deliverables as specified below. Note that the conclusion requires the previous sections to be completed, so make sure you allow enough time for this.
Business Risk-
Compliance and regulatory burden/ Operational excellence (Taranum)
There would some attachment have a look of them as well under the Business Risk.
For This part- For compliance and regulatory burden you need to research what laws or industry standards the company might have to follow, What would be the costs of following those rules, What might be the cost if they fail to follow those standards.
The Business Risk has to be One page. (Pls see the Case Study Attachment how much you have to write and Referencing also, the practice document style is 12-point Times New Roman, with the default Microsoft Word margins (2.54cm top, bottom, left and right), single line spacing, referencing using APA 7 and no appendices (apart from a reference list).
ASSIGNMENT - ASX Ltd (23rd september)
Overview
- Distinction elements;
- A variety of sources used to provide a critical assessment of the entity that goes beyond information provided in the Annual Report
Provide brief overview of the selected firm,
- key operations
- competitors
- industry characteristics.
- Also state (but no need to explain in detail) the Key Audit Matters identified in the most recent Audit Report.
Key Audit Matters:
- Goodwill impairment assessment
- Valuation and existence of financial instruments
o Valuation and existence of other financial assets at amortised cost
o Valuation and existence of financial assets at fair value
- Accuracy of revenue recognition
Attachment:- Assignment.rar
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