Huawei company

The aim of this project is to provide you with an opportunity to assess business risks and implement Huawei's analytical procedures. The project focuses on the following categories of information related to an understanding of the entity and its environment:

Objectives Strategies, and Business Risks

Information needed to identify the business risks can be obtained from the companys annual report, FORM 10K, and proxy materials. Typically, these documents can be obtained from the companys website. The companys website also contains information on the audit committee (e.g., charter), internal audit function, and corporate ethics (e.g., conflict of interest policies).

Completed by: Client Name: Entity and Environment Category: Objectives, Strategies, and Business Risks Year ended: Reviewed by: Response Possible Effect(s) on the Audit Business Risk Factor Does the entity set entity wide objectives and are they supported by strategic plans? Does the entity have clear objectives in terms of a budget, profit, and other financial and operating goals? Does the entity have an entity risk assessment process that includes estimating the significance of the risks, assessing the likelihood of their occurring, and determining the actions needed to read to the risks Completed by: Client Name: Entity and Environment Category: Objectives, Strategies, and Business Risks Year ended: Reviewed by: Response Possible Effect(s) on the Audit Business Risk Factor Does the entity set entity wide objectives and are they supported by strategic plans? Does the entity have clear objectives in terms of a budget, profit, and other financial and operating goals? Does the entity have an entity risk assessment process that includes estimating the significance of the risks, assessing the likelihood of their occurring, and determining the actions needed to read to the risks