(a) You are the Audit Senior for this audit and have been asked to prepare a report for the Audit Manager on the basis of the systems notes reproduced above. In your report, identify SEVEN (7) aspects of Sonny Days' system for processing and accounting for payroll, which you believe to be indicative of control weaknesses and provide suitable recommendations for improvement.(14 marks) (b) Sonny Days Ltd. maintains a separate bank account for its payroll expense. Identify and explain SIX (6) benefits that may be derived from using such a system? (6 marks) (c) ISA 500 Audit Evidence requires auditors to obtain sufficient and appropriate audit evidence. Appropriateness is a measure of the quality of audit evidence; that is, its relevance and its reliability. Required: Identify and explain FOUR factors which influence the reliability of audit evidence. (4 marks) (d) A member of your audit team has asked for information on ISA 701 Communicating Key Audit Matters in the Independent Auditor's Report as she has heard this standard is applicable to listed clients such as Sonny Days. Required: Identify what a key audit matter (KAM) is and explain how the auditor determines and communicates KAM. (6 marks) Required: Identify what a key audit matter (KAM) is and explain how the auditor determines and communicates KAM (6 marks)