ACC3510 Auditing 6 :investigate the facts of the case study and using the risk-based auditing approach,

Your are member of a team assigned to undertake research on major issues (reasons and consequences) of poor performance, near collapse or turnaround or near demise, or demise of a real-life high profile company

Required:

You need to investigate the facts of the case study and using the risk-based auditing approach, auditing concepts, auditing standards and case laws and other information which you have learnt in this unit, to arrive at your conclusions and recommendations.

The key areas of your research can cover the major issues being the sub-tasks below:

• Corporate governance, directors, executives and non-compliance oflaws
• Going concern, administration andliquidation
• Fraud, aggressive accounting policies and othermisappropriations
• Role, reporting obligations and negligence ofauditors
•  Business risk, inherent risk, control risk and other risks

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