You are the auditor for Blank Space Ltd a design group with several divisions each focusing on a different client group. Melanie Blank is the CEO and is looking for ways to improve the profitability of the group and has decided to focus on the main profit-making divisions. The coming year will therefore see a restructure of the group and Melanie wants to ensure this is done in as controlled a manner as possible and has produced a business plan for the period of the restructure.

Melanie has asked you to provide a report on the business plan for the coming year — you have been provided with the most up-to-date six monthly financials.

You are preparing for a meeting with Melanie initially to discuss the work you might perform on the business plan.

Required

Identify and explain the information you would seek to obtain before accepting appointment to report on the business plan.