ACC6030: Auditing and Assurance Services - Accounting and Finance Assignment Help

Assignment Task:

In your Individual Case Study Assignment, you investigated the “True and Fair” status of the financial statements and “Key Audit Matters” of a high-profile international company for the last year 30 June 2019 (or applicable date). 

Now, during the audit of the financial year ended 30 June 2020, you find that this real-life high-profile company is about to collapse. 

Required: 

Based on your research, you conclude that it is highly probable that your high-profile company will NOT continue as a going concern as on 30 June 2020. (This is the SAME company for which you submitted the Individual case study assignment). 

As you have a disagreement with the management on a MATERIAL ISSUE, you need to write an Independent Audit report of “Qualified” (modified) opinion using the relevant Australian Auditing Standards and the required Independent Audit Report format. 

You have identified a “MATERIAL ISSUE” during your investigation in the Individual Case study Assignment. This “MATERIAL ISSUE” due to the “BUSINESS RISK” has caused its collapse and negatively impacted specific ACCOUNT (S) in the financial statements. 

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