Identify two major audit risk areas and explain the


Assignment-

Student will be allocated a company listed on the Australian Stock Exchange.

Identify two major audit risk areas, and explain the potential impact of the audit risk on the company's financial statements; and detail the auditing procedures to verify the account balances impacted by the risk.

Format of the assignment-

An assignment coversheet (ensure group members' full names and student numbers are correctly written)

A table of contents

An introduction

The body of the assignment

References

12 point Arial or Times New Roma font with 1 inch margins on all sides.

Double-spaced

All pages following the cover page should have a page number.

Case presentations should take 15 minutes with 5 minutes of questions and answers. All group members should participate in the presentations.

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Auditing: Identify two major audit risk areas and explain the
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