MAA705 - Corporate Auditing - Auditing Assignment Help

Assignment Task

Unit Learning Outcome (ULO)

 ULO 1 Demonstrate knowledge of theories and regulation regarding audit and assurance services of both a financial and non-financial nature.

ULO 3: Evaluate appropriate audit and assurance procedures and responses that should be applied to different contemporary business scenarios.

ULO4: Use professional and ethical judgment in applying relevant legal and professional pronouncements to all stages of a given assurance engagement

ULO5: Communicate and justify accounting and auditing ideas in contexts involving both accountants and nonaccountants.

Description / Requirements
Assessment: Individual
This task requires you to complete many of the audit procedures undertaken by the audit team in the planning stage of the audit. Your response to this assignment will be marked by an audit expert. Note that this assignment is individual.

Required:
You are required to prepare a planning memorandum based on the 30 June 2016 Annual Report for Myer Holdings Limited. The Annual Report is available under Assessment Resources on CloudDeakin.
The planning memorandum must include the following:
a. Identification of four (4) major business risks of the company and an explanation of why each factor identified is a risk to the business. (Note: the chairman’s and CEO’s report and the management discussion at the beginning of the report will assist you to identify these risks).
b. Results of analytical procedures. (Please include your workings in an appendix). You should prepare a horizontal analysis and calculate key ratios.
• It is recommended that you attempt to identify and explain which changesin the horizontal analyses and which ratio results would trigger further investigation in the audit.
c. Your identification and explanation of four (4) inherent risks that you identify from the business risks (part a) and analytical procedures (part b).

(Note: inherent risksrelate to risksto the financial statements). Four inherent risks in total are required.

This MAA705 - Auditing Assignment has been solved by our Auditing experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.
Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.