Select an annual report of a large listed company on the ASX. Find the audit report and answer the following questions:

1 Who is the audit firm?

2 What type of audit report is given (see Exhibit 5.5)?

3 What conclusion does the auditor come to?

4 What does the audit cover?

5 What does the audit not cover?

6 What does the audit report say about

(a) internal control,

(b) fraud and

(c) going concern?

7 Is there an emphasis of matter paragraph?

8 How many KAMs listed? Select one KAM and explain why the auditor considered it a KAM.