Analyze all three companies audit reports

Assignment Help Auditing
Reference no: EM131392870 , Length: Word Count: 6000

Assignment Audit Standards

Words count: 6000

Assignment Question

Find audit reports of following 3 UK listed companies over the internet:

• B.P PLC
• PEARSON PLC
• Tesco Plc

Then analyze all three companies' audit reports and test the hypothesis if each company's audit report's contents matches with all UK's audit Standards 2016 available at: https://frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standards-and-guidance-for-auditors/2016-Auditing-Standards.aspx

Please strictly follow these instructions:

• You need to analyze 3 companies mentioned above only.
• You should not ignore any UK audit standard 2016 to evaluate if company's audit report follows that specific standard or not.
• The whole analysis and discussion should be qualitative.
• Your assignment contents should be as following:

o Introduction (500 words).
o Analysis Method (800 words) i.e. Sample Size, Research Type, Research Scope, Research Tools, Research Hypothesis etc.
o Analysis of all three companies audit reports (4000 words).
o Conclusion (700 words).

Reference no: EM131392870

Questions Cloud

Discuss about the cultural autobiography : Begin by defining individuals that you consider family members. This includes, for example, parents or guardians, siblings and/or grandparents. Important information about these individuals includes places of birth, travel (if any), age, spiritual..
Design a compound reverted spur gear transmission : Design a compound, reverted, spur gear transmission which will give two shiftable ratios of +5: 1 forward and -3.5:1 reverse with diametral pitch of 6. Specify pitch diameters and numbers of teeth. Sketch the train to scale.
Design signal conditioning : Design signal conditioning so that the distance from 0.0 to 5.0 m is converted to an 8-bit digital signal. Use an 8-bit unipolar ADC with a 10.0-V reference.
Firm is able to discriminate between the two markets : The firm is able to discriminate between the two markets. What quantities are sold in the two markets? What price is charged in each market?
Analyze all three companies audit reports : Then analyze all three companies' audit reports and test the hypothesis if each company's audit report's contents matches with all UK's audit Standards 2016.;
About the vertical relations : You are the manager of the unique supermarket of the town. A local company wants you to sell its milk. But you have already many other milk in you supermarket. You estimate that you would be able to sell 500L/day of this milk at p = 2. What will be y..
X is a normally normally distributed variable with mean : X is a normally normally distributed variable with mean µ = 30 and standard deviation s = 4. Find
Which component of gdp could affected by stock market : Economics and Industry Analysis - Macroeconomics Assignment. If the U.S. were a closed economy (an autarky), which component(s) of GDP could be affected by the stock market news? Explain briefly why it/they could be affected, and in which direction..
Find the speeds of shafts 1 and 2 : Figure P9-7a shows a gear train containing both compound-reverted and epicyclic stages. The tooth numbers are indicated in the figure. The motor is driven CCW at 1750 rpm. Find the speeds of shafts 1 and 2.

Reviews

Write a Review

Auditing Questions & Answers

  Determining audit practices

Identify a profile for a taxpayer who is more likely than the national average to be audited by the IRS. What factors cause certain taxpayers to be audited more frequently?

  Analyze the balance sheet and income statement of company

Analyze the balance sheet and income statement of the company that you have selected, and outline your method for evidence collection which should include.

  Explain matters to be clarified in terms of engagement

Identify and explain the specific matters to be clarified in the terms of engagement for this due diligence review of Robson Construction Co.

  Identify current emerging issues

Complete a one- to two-page single spaced paper that discusses the impact the emerging issues will have on auditing.

  Has rodney breached any auditing standards

Has Rodney breached any auditing standards/regulations and if so, what and why? Do you have any concerns and are there any breaches that have occurred here?

  Describe the transformational learning experience

Describe the transformational learning experience and relate the experience to the perspectives of transformational learning. This must be two pages typed, double-spaced, with the textbook cited.

  What type of sampling plan should the auditors use

What type of sampling plan should the auditors use for this test?

  Astor city audit standards

Astor City, a small city that is not required to have independent audit, voluntarily decided to have an audit of its financial records. Currently, the city generates $900,000 in revenues. Discuss any potential violations of the applicable audit sta..

  Algers company produces dry fertilizer at the beginning of

algers company produces dry fertilizer. at the beginning of the year algers had the following standard cost sheetdirect

  State the audit opinion - australian accounting standards

For each of the above situations state the Audit Opinion that should be given with a brief reason/explanation related to each one.

  Material or immaterial to the financial statements

The fraud was not detected by the external auditors.

  Determine fundamental audit procedures that you should have

Determine the fundamental audit procedures that you should have applied to this investment. Predict the way in which a peer review of Friehling and Horowitz would have uncovered the scheme related to Madoff Securities.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd