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In March 20X6 and you are planning the financial report audit client Carringbush Ltd for the year ended 30 June 20X6. Carringbush manufacture specialty toys

In March 20X6 and you are planning the financial report audit client Carringbush Ltd for the year ended 30 June 20X6. Carringbush manufacture specialty toys and sell them directly to a range of small and medium sized retailers.

You have arranged a meeting with Kathryn Nary, Carringbush's CFO, to establish any audit risks so that you can complete your audit plan.

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