Audit Risk Assessment and Planning

You are a part of the team responsible for planning the Retail Food Group Limited (ASX code-RFG), a food and beverage company, audit engagement for 2021. You are required to gather relevant background information and prepare report for a meeting with your audit seniors. Assume that this is the first time that the audit will be conducted by your audit firm for this client.

Problem:

1. What are the areas in which RFG conducts its operations?
2. Are there any events or conditions that may cast significant doubt on the RFG'sability to continue as a going concern? Explain. Your answer should be supported by at least four factors.