You have recently started a graduate placement at mgkp and


Auditing Assignment - Email response to Cryptocurrencies query

Topic: You have recently started a graduate placement at MGKP, and large Accounting and Auditing firm with offices in Australia and throughout the world. You are about to be assigned to your first assurance engagement, and your boss (Thomas McGyver) has asked you to do some preparatory work to ensure you have a good understanding of an emerging auditing issue. He has asked you to conduct research using your Auditing textbook, scholarly journal articles (which can be accessed through the Swinburne library databases), and other credible auditing sites to explain in your own words:

  • what crypto currencies are; and
  • the challenges faced when auditing cryptocurrencies (Hint: think of what assertions may be at risk, and why).

He has asked you email your findings to him - including a list of references at the end of your email (in case he wants to follow anything up!).

Assignment Purpose: Unit Learning Objectives covered by this assessment task:

  • Research, assess and report on a critical and current topic in auditing.
  • Work collaboratively in a team environment, to achieve set goals related to the building of knowledge of auditing.

Formatting requirements - Penalties apply if the formatting requirements are not followed:

Present your answer as a professional email including a:

To; From; Subject

  • Salutation
  • Segue into the response
  • Response
  • Closing remark(s)
  • Sign-off

In addition to the formal email, include:

  • A signed coversheet.
  • A footer with BOTH students' names/ids.
  • A Swinburne Harvard compliant reference list.
  • A statement of student contribution*.

Assignment must be submitted in Word processing format (no PDFs).

Word limit: 1,000 words +/- 10% (excluding reference list).

  • Words exceeding this will not be read or marked.

Assignment must be formatted as follows:

  • 1.5 line spacing;
  • Font: Times New Roman 12 point
  • Margins: Top, Bottom, Left & Right all 2.54cm.

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