Question
Assume you are part of the audit engagement team for Computer share limited. The most recent annual report is the draft annual report for your
Assume you are part of the audit engagement team for Computer share limited. The most recent annual report is the draft annual report for your company.
Review the statement of cash flows. Which category of cash flows provided the majority of cashinflows? Which category had the greatest outflows? Identify the primary cash receipts and cashpayments during the year. What were the main non-cash financial and investing activities? Using theresults of your review of the cash flows, analytical review and other public information, evaluate thegoing concern risk of this company. What auditprocedures would you recommend to address thisrisk.
Review the audit report of the 2019 financial report. State what type of opinion was expressed?Arethere any additional sections or paragraphs indicating any audit issues? What key audit matters havebeen addressed and how? Describe thenature of these issues in detail
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