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Audit Assessment Answer
Assignment Task:
Financial Statements of BEGA CHEESE LTD
In the assignment, I need you to investigate the facts of the case study and using the risk-based auditing approach, auditing concepts, auditing standards and case laws. The auditing standards have been mentioned in the instructions and I would like you to find facts from annual report 2018 and other news in 2018 related to BEGA CHEESE LTD and link the findings /facts to the Auditing Standards Australia.
I want you to discuss the impact and relationship of the auditing standards Australia in the context of auditing theories, concepts, regulations, practices and topics which are mentioned in the instructions. Please read the Instructions carefully.
For Research findings Please make sure there are 5 RELEVANT findings related to BEGA CHEESE LTD (financial report 2018) and are well explained and linked to the AUDITING STANDARDS AUSTRALIA (ASA) It is important for each finding to be linked to a separate AUDITING STANDARDS AUSTRALIA.
For Implication of Findings Please make it also has 5 RELEVANT findings that are related to BEGA CHEESES LTD again it needs to be analysed through financial report 2018 and from the latest news related to BEGA CHEESE LTD.
For Conclusions and recommendations Please make sure it is related to BEGA CHEESE LTD and is relevant to what the topics are mentioned in the instructions. (e.g Business risk, Corporate Governance, Ethics and culture, Whistle-blowing, Auditors negligence and contributory negligence, Auditors independence, duties and continuity, Aggressive accounting policies used in the financial statement, Fraud and misappropriations, Regulatory bodies, etc)
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