What are contents of the independent auditors report

Assignment Help Auditing

Reference no: EM132185189

Part A- Group work

Assignment descriptions:

1. Go to Muscat Securities Market

2. Click on Securities (there are four sectors, i.e financial, industrial, bonds and services) and then chose sector based on your group assigned to work on.

3. After that click any company of that particular sector.

4. Each group has assigned two sectors which is shown as below;

Group No.	Assigned Sector(s)
1 - 3	Financial sector - one banking company and Industrial sector- one chemical company
4 - 6	Financial sector - one banking company and Industrial sector- one telecommunication company
7 - 9	Financial sector - one banking company and Industrial sector- one energy company
10 - 12	Financial sector - one banking company and Industrial sector- one food company

5. Once you chose a sector/company, then click show, you will see the following windows (as an example)

6. Then go to ‘action' area and click ‘green' icon (which shows financial statement) of the company.

7. After clicking ‘green' icon, it will show the following windows (for an example)

8. Then go to download area and click on "Audited Financials for the year ended 31 December 2017/annual report for the year ended 31st Dec 2017" yearly.

9. After downloading, you will see the following window:

10. Then click on Auditors report and download/open the auditor's report 2017.

From that auditors report 2017, you are required to answer the following questions:

a. What are contents of the independent auditor's report of the particular two companies you have chosen from your assigned sector/company?

b. Who are the auditor(s) of those companies?

c. Analysis the audit reports (two) in terms of:

i. Standard

ii. Code of ethics

iii. Professional judgement

iv. Auditor's independence

v. A comparison between the two audit reports

vi. Conclusion

Part B- an individual presentation

Category
Scoring Criteria
Organization

Introduction is attention-getting, lays out the problem well, and establishes a framework for the rest of the presentation.
Content

Presentation contains accurate information.

There is an obvious conclusion summarizing the presentation.
Presentation

Speaker maintains good eye contact with the audience and is appropriately animated (e.g., gestures, moving around, etc.).
Length of presentation is within the assigned time limits

Attachment:- Auditing assignment.rar

Reference no: EM132185189

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Reviews

len2185189

12/4/2018 1:51:53 AM

Scoring Rubric for Oral Presentations Category Scoring Criteria Total Points Score Organization (1 point) Introduction is attention-getting, lays out the problem well, and establishes a framework for the rest of the presentation. 1 Content (2 points) Presentation contains accurate information. 1 There is an obvious conclusion summarizing the presentation. 1 Presentation (2 points) Speaker maintains good eye contact with the audience and is appropriately animated (e.g., gestures, moving around, etc.). 1 Length of presentation is within the assigned time limits 1

len2185189

12/4/2018 1:51:43 AM

Submission Instructions: 1. Students must use their own words to answer all the questions. In other words, copying directly from the company’s annual report is strictly prohibited. 2. All answers must use proper English expressions and grammar. 3. Only one group assignment is to be submitted by the group leader (please appoint a group leader and s/he will submit the assignment on behalf of the group). 4. Late submission will be penalized; 10% marks deduction per day.

len2185189

12/4/2018 1:51:38 AM

This assignment requires students to work in groups of three to four people and produce a single report for each group including an individual presentation. This group assignment weighted to 25%. This piece of assessment task will consist of Part A- Group work (20%) and Part B- an individual presentation and Q&A (5%).

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