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Review the Financial Year 2019 audited annual reports including financial statements presented to the shareholders for the following organisations: Ramsay Health Care Ltd Telstra Ltd
Review the Financial Year 2019 audited annual reports including financial statements presented to the shareholders for the following organisations:
Ramsay Health Care Ltd
Telstra Ltd
Assume that your audit team is responsible for planning the audits for both companies for the most recent financial year.
REQUIRE:
Identify at least three inherent risks that you would have to consider for each company in the audit planning phase and justify your answer. Cite the relevant ASAs/ISAs to support your answer.
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