Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Select 1 (one) company listed in IDX as your sample company. Your audit firm has been selected as the auditor of the company for the

image text in transcribed
Select 1 (one) company listed in IDX as your sample company. Your audit firm has been selected as the auditor of the company for the financial year ended December 31, 2019. As the member of the engagement team, you are involved actively with the other members in planning the audit. You have been assigned to do several of the tasks as follows: 1. Obtain the audited financial statements of the company for the year ended December 31, 2019. Give a brief analysis of the financial statements such as: audit opinion expressed by the auditors in 2019, financial conditions and results of operations of the company for the year 2019. 2. Complete the working paper of Knowledge of Client's Business (Attachment 1) using information obtained from the company's annual report, audited financial statements, and the company's websites. 3. Complete the calculation of Materiality using the working paper provided (Attachment 2) and using the financial statements of the company as of the third quarter of 2020. 4. Using the financial statements of the company as of the third quarter of 2020, complete the working paper of Preliminary Analytical Procedures (Attachment 3)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting A Managerial Emphasis

Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav

13th Edition

8120335643, 136126634, 978-0136126638

More Books

Students explore these related Accounting questions