$1.$ You need to download Macquarie group ltd latest financial report.

$2.$ Your report must address the following:

a$.$ Provide a summary about Macquarie group ltd company$$s key operation.

b$.$ Identify at least one financial reporting issue based on your reading of the financial and audit report,

and especially the key audit matter section of the audit report.

c$.$ Discuss how the identified financial reporting issue might require the exercise of significant

management judgement.

d$.$ Discuss how the identified reporting issue affects the audit risk i$.$e$.,$ increase or decrease the audit

risk and why. It will be useful if you relate your discussion to the components of the audit risk model.

e$.$ Discuss the potential audit responses. In this part you need to discuss how you, as an auditor,

formulate your own audit strategy, i$.$e$.,$ control reliance or predominant substantive approach or a mix

of both.

Your report should include a title page, executive summary, table of contents, appropriate headings and subheadings, a reference list and necessary appendices.