Inherent risks

Conduct a research on Tabcorp holdings limited, and identify key inherent risk factors that may lead to any material misstatements in Tabcorp holdings limited financial statements for the financial period 2001-2022.

You must identify at a minimum 6(six) inherent risk factors from the research that you have conducted. To answer this question, you will need to identify the risk, explain which accounts are mostly at risk, and how you identified it as a risk and justify by thoroughly explaining why you believe that issue that you have identified may create a risk of misstatement in the financial statements of Tabcorp Holdings Limited. Specifically identify which accounts, balances or transactions and disclosures you believe are most likely to be materially misstated because of the identified inherent risks.

Note:

Provide at least four references that are retrievable from google scholar.

Please ensure to use the company website, financial statements and all publicly available information.

Both in-text and reference lists must be in Harvard style.

The minimum word length required is 850.

Academic journal used for this task must be reliable