1. What type of audit opinion (clean, clean with an emphasis of matter, qualified, adverse..) issued by the auditor?

2. What are the key audit matters in the audit report? What are the reasons for determining those key audit matters?

3. Imagine you are the auditor of the Group

- Determine benchmark for the materiality

- Calculate materiality

- According to the materiality you calculate determine financial statement line items on which you will perform an audit (such as cash, account receivables etc)

- For the financial statement line items that you have determined what kind of audit procedures can be performed (such as third party confirmation, invoice testing etc)

- List the other audit procedures that shall be performed

4. Explain the responsibilities of the Internal Audit Department of the Group. 5. Summarize your understanding from the corporate governance structure of the Group