Choose a company from ASX website and obtain the most recent financial report. Study the independent audit opinions contained in the financial statements and answer the following questions.

a.What is the name of the independent auditing firm? Do you think the auditing firm really is independent? What office of this firm signed the audit report? Is it a qualified or unqualified audit report? How long after the year-end did auditors issue their opinion?

b.Who bears primary responsibility for the financial statements? How can you tell?

c.Does it appear that the firm's internal controls are adequate? How can you tell?

d.What standard of auditing did the outside auditors use in examining the financial statements? By what account standards were the statements evaluated?

e.By how much did the firm's cash balance (including and cash equivalents) change during the year? What were the beginning and ending cash balances?

Please note: Attach the Company Audit report you used to answer these questions.