AUDIT ASSIGNMENT

AUDIT ASSIGNMENT

It is a group assignment and this is my part

You are part of the audit team required to prepare a report to the senior partners of your auditing firm. This report will be used as part of the information provided to the audit team

You and your colleagues have been assigned to prepare a report based on your research of Billabong International Limited (Billabong). Assume that this is the first time that the audit will be conducted by your audit firm, La Trobe Partners. The report must cover the areas detailed below. This will require extensive research and critical analysis of the annual reports and any other information that you have obtained.

http://www.billabongbiz.com/phoenix.zhtml?c=154279&p=irol-irhome

In your report you must address the following issues:

1. Provide an overview of the client’s business and industry in which it operates. The overview must include a discussion on recent developments.

2. What are the significant business and/or audit risks for Billabong? You need to explain at least FIVE (5) risks. DO NOT DISCUSS THE AUDIT RISK MODEL.

Referencing

– Please use appropriate references for resources used including auditing standards; regulations; and the Corporations Act 2001 etc.

– Consistently accurate
Employs an accurate and precise academic referencing convention that accommodates depth and breadth of literature

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