Auditing A Based on your research and review of the annual financial statements indicate whether or not the company is compliant with the KING IV Report on Corporate governance. ' In structuring your answer focus briefly on the compliant matters and explain the non-compliance identified in more detail. You are required to analyse the AFS and not copy and paste any online information you may find on the company website. The assessment must be your own assessment based on the information available from the financial statements 10 Marks B Explain which benchmark you think the auditors would have used when computing planning materiality. 5 Marks C Identify and explain any 2 risks at an assertion level that are relevant to the company