$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket?
Book Your Assignment at The Lowest Price
Now!
Students Who Viewed This Also Studied
ACC707 Auditing and Assurance
Task
Assessment 2
Assessment Type: Auditing case study – 2500 + 10% word report – individual assessment.
Purpose: To allow students to demonstrate their ability to research, critically analyse trends and issues in auditing and assurance services, identifying problems as would arise in a modern organisation. This assessment relates to learning outcomes a, b and c.
Value: 30% Due Date: Week 10 – 11:59 pm Thursday of Week 10
Submission: Upload soft copy of Word .doc or .docx to Turnitin and Moodle via KOI’s Moodle subject homepage.
Topic: Research, critically analyse and evaluate key audit matters in independent Auditor’s report. Task details: Auditor’s Report
The new auditing standard ASA701 Communicating Key Audit Matters in the Independent Auditor’s Report is developed in the wake of the global financial crisis. This development is in response to calls from shareholders to know more about the companies they invest in. Further, investors have also requested earlier warnings of potential issues that may exist with respect to an entity’s ability to continue as a Going Concern which resulted in the revision of ASA 570 (ISA 570) Going Concern.
Students are required to research into the rationale for the new auditing standard ASA 701 and explain clearly what it is. Each student selects an industry, eg. banking, mining, etc and analyse key audit matters in the independent auditor’s reports in the latest Annual Reports (i.e. for the year ended in 2019) of all companies in that industry in ASX Top 100 listed companies to evaluate the efficacy of reporting key audit matters in the independent auditor’s reports.
Required: Using reference materials available on the internet, research the topic and prepare a report, fully referenced (including the Annual Reports of companies selected for your assignment) and up to 2,500 words (assignment in excess of 2,500 words will be penalized). Minimum of 8 academic references is required.
The report should include title page, executive summary, table of contents, appropriate headings and sub headings, recommendations, reference list (Harvard- Anglia style), attachments if relevant, single spaced, font Times New Roman 12pt.
The marking guide will be as follows: 30% Analysis
30% Research – extent and application 30% Recommendations/conclusions 10% Presentation
ACC707 Auditing and Assurance
Answer in Detail
Solved by qualified expert
Get Access to This Answer
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.
Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.
Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.
Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.
12 More Pages to Come in This Document. Get access to the complete answer.
More ACC707 ACC707 Auditing and Assurance: Questions & Answers
HI6026 Unit Title Audit, Assurance and Compliance
Students are required to research a recent legal case where an Audit firm was sued for professional negligence. Students are required to analyse the root causes and the pertinent issues from their selected case and then specify what measures can be taken by auditors in the audit approach and in othe …
View Answer
ACCT20075 � Auditing and Ethic
Assignment
Determine the level of materiality to be used for the audit of the group accounts for the year ending in 2018. Your answer should include a discussion of the nature of materiality, and a description of what materiality represents in terms of the audit of a set of financial statemen …
View Answer
Business Management
Required:(a) For each situation, identify and evaluate any threats in relation to auditor independence ( 5 Marks).(b) Identify any safeguards to those threats identified above( 5 Marks). …
View Answer
Administrative Services
ScenarioFor this assignment, learners are provided with a freedom to assess the discussion in a form of report from secondary sources like books, journals, articles and so on based on a chosen organisation with your preferences. You are required to choose a business organisation of your choice in wh …
View Answer
Content Removal Request
If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the
content removal request.
Choose Our Best Expert to Help You
Still in Two Minds? The Proof is in Numbers!
38983 Genuine Reviews With a Rating of 4.9/5.
Business Law
Assignment: 1 Page, Deadline:
20 days
Good work but there missing w6 answer. moreover i think few questions required explanation i think can explain little more.
User ID: 8***63 Australia
Civil Law
Home Work: 6 Pages, Deadline:
7 days
Assignment delivered before the deadline. Great work by the team and appreciate the support.
User ID: 8***13 Canberra, Australia
Economics
Assignment: 3.2 Pages, Deadline:
3 days
The assisgnment was properly written with great content and structure. Thank You for the assistance.
User ID: 1***22 Canberra, Singapore
Management
Home Work: 2 Pages, Deadline:
9 days
I am glad to use assignment help. I get nice assignment help from the different trainers.
User ID: 4***45 Canberra, Australia
Psychology
Thesis: 1 Page, Deadline:
6 days
I am very satisfied the work your company does. My papers have never looked so good. Thank you very much for this.
User ID: 8***47 Canberra, Singapore
Management
Essay: 4.4 Pages, Deadline:
18 hours
Thank you for the effort of both the author and the expert. Thank you for the effort. The topic is excellent, and I hope to continue at this high leve …
User ID: 9***3 Canberra, Kuwait
HRM
Assignment: 3 Pages, Deadline:
4 days
very good paper, all aspects covered by the author, which was not easy given the scope
User ID: 3***61 Budapest, Hungary
Management
Home Work: 2 Pages, Deadline:
15 days
The information provided is very clear and used good examples and references. There are no grammatical mistakes at all and the standard of writing is …
User ID: 7***15 Berlin, Germany
Nursing
Assignment: 1 Page, Deadline:
5 days
Thank you for the quality assignment , I always trust and get good mark from assignment help . Thank you for helping .
User ID: 4***73 Berlin, Australia
Healthcare
Assignment: 8 Pages, Deadline:
3 days
I have passed my assignment. I got my assignment back on time. Thank you very much.
User ID: 6***42 Berlin, Australia
Psychology
Essay: 8 Pages, Deadline:
10 days
Good work. I will do business again. Great customer service. Greta expert…….
User ID: 8***51 Berlin, United Arab Emirates
Assignment
Home Work: 3 Pages, Deadline:
5 days
I love the work your company does. My papers have never looked so good. Thank you very much for this.
User ID: 5***00 Berlin, United States
Healthcare
Assignment: 4 Pages, Deadline:
5 days
I got a good grade on this paper thank you for help and I will order more papers
User ID: 7***29 Garden City, United States
Accounting
Programming: 2.8 Pages, Deadline:
3 days
like the work and the way of writing and the marks was good as i got 79 marks and i like the formate of the writing.
User ID: 6***31 Leichhardt, Australia
Management
Assignment: 7 Pages, Deadline:
5 days
the paper was well written and I passed thank you for your service I would pay again
User ID: 7***29 Garden City, United States
Economics
Assignment: 2 Pages, Deadline:
20 hours
The assignment was received on time and I have to check the assignment and will get back for the feedback thank you
User ID: 8***40 Vancouver, Canada
Accounting
Course Work: 0 Pages, Deadline:
11 hours
Everything was met and done perfectly! It hasn’t been graded but through the explanations, I was able to understand the assignment and how the expe …
User ID: 8***57 Vancouver, Canada
HRM
Assignment: 9 Pages, Deadline:
2 days
Got the great and satisfied result. Thank you the expert team. But the expert team need to write more real and work life example for each assignment i …
User ID: 4***0 Central District, Hong Kong
Management
Home Work: 9 Pages, Deadline:
2 days
Got the great and satisfied result for this assignment. Thank you the expert team, but give little suggest to the team, the assignment need to more re …
User ID: 4***0 Central District, Hong Kong
Management
Assignment: 8 Pages, Deadline:
8 hours
Really impressed by your work. the report really good. all the points are detailly explained and the report format looks great.
User ID: 4***87 Melbourne, Australia
Business Law
Assignment: 1 Page, Deadline:
20 days
Good work but there missing w6 answer. moreover i think few questions required explanation i think can explain little more.
User ID: 8***63 Australia
Civil Law
Home Work: 6 Pages, Deadline:
7 days
Assignment delivered before the deadline. Great work by the team and appreciate the support.
User ID: 8***13 Canberra, Australia
Economics
Assignment: 3.2 Pages, Deadline:
3 days
The assisgnment was properly written with great content and structure. Thank You for the assistance.
User ID: 1***22 Canberra, Singapore
Management
Home Work: 2 Pages, Deadline:
9 days
I am glad to use assignment help. I get nice assignment help from the different trainers.
User ID: 4***45 Canberra, Australia
Psychology
Thesis: 1 Page, Deadline:
6 days
I am very satisfied the work your company does. My papers have never looked so good. Thank you very much for this.
User ID: 8***47 Canberra, Singapore
Management
Essay: 4.4 Pages, Deadline:
18 hours
Thank you for the effort of both the author and the expert. Thank you for the effort. The topic is excellent, and I hope to continue at this high leve …
User ID: 9***3 Canberra, Kuwait
HRM
Assignment: 3 Pages, Deadline:
4 days
very good paper, all aspects covered by the author, which was not easy given the scope
User ID: 3***61 Budapest, Hungary
Management
Home Work: 2 Pages, Deadline:
15 days
The information provided is very clear and used good examples and references. There are no grammatical mistakes at all and the standard of writing is …
User ID: 7***15 Berlin, Germany
Nursing
Assignment: 1 Page, Deadline:
5 days
Thank you for the quality assignment , I always trust and get good mark from assignment help . Thank you for helping .
User ID: 4***73 Berlin, Australia
Healthcare
Assignment: 8 Pages, Deadline:
3 days
I have passed my assignment. I got my assignment back on time. Thank you very much.
User ID: 6***42 Berlin, Australia
Psychology
Essay: 8 Pages, Deadline:
10 days
Good work. I will do business again. Great customer service. Greta expert…….
User ID: 8***51 Berlin, United Arab Emirates
Assignment
Home Work: 3 Pages, Deadline:
5 days
I love the work your company does. My papers have never looked so good. Thank you very much for this.
User ID: 5***00 Berlin, United States
Healthcare
Assignment: 4 Pages, Deadline:
5 days
I got a good grade on this paper thank you for help and I will order more papers
User ID: 7***29 Garden City, United States
Accounting
Programming: 2.8 Pages, Deadline:
3 days
like the work and the way of writing and the marks was good as i got 79 marks and i like the formate of the writing.
User ID: 6***31 Leichhardt, Australia
Management
Assignment: 7 Pages, Deadline:
5 days
the paper was well written and I passed thank you for your service I would pay again
User ID: 7***29 Garden City, United States
Economics
Assignment: 2 Pages, Deadline:
20 hours
The assignment was received on time and I have to check the assignment and will get back for the feedback thank you
User ID: 8***40 Vancouver, Canada
Accounting
Course Work: 0 Pages, Deadline:
11 hours
Everything was met and done perfectly! It hasn’t been graded but through the explanations, I was able to understand the assignment and how the expe …
User ID: 8***57 Vancouver, Canada
HRM
Assignment: 9 Pages, Deadline:
2 days
Got the great and satisfied result. Thank you the expert team. But the expert team need to write more real and work life example for each assignment i …
User ID: 4***0 Central District, Hong Kong
Management
Home Work: 9 Pages, Deadline:
2 days
Got the great and satisfied result for this assignment. Thank you the expert team, but give little suggest to the team, the assignment need to more re …
User ID: 4***0 Central District, Hong Kong
Management
Assignment: 8 Pages, Deadline:
8 hours
Really impressed by your work. the report really good. all the points are detailly explained and the report format looks great.
User ID: 4***87 Melbourne, Australia