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Find three annual reports and make a list of the KAMs reported in the audit report. From the following list, what do you think would
Find three annual reports and make a list of the KAMs reported in the audit report. From the following list, what do you think would be the top five KAMs reported in 2017? Why?
- Asset impairment (not goodwill)
- Biological assets - Capitalisation
- Financial instruments
- Going concern
- Impairment of goodwill and intangibles
- Inventory
- Investment-related entities
- IT-related
- Provisions
- Receivables
- Revenue recognition
- Taxation
- Valuation of property plant, and equipment.
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