TH

Use the annual report in this link http://www.about.hsbc.co.om/-/media/oman/en/investor-relations/annual-report-2016-english.pdf to answer the following questions.

Go to Report of Independent Registered Public Accounting Firm& answer the following questions. Read the report carefully.

1-Name the external auditor of HSBC. Give some introduction on the functions of external auditor and provide reference from report. (10 marks)

2-What do you understand by material misstatements? Is there any material misstatement reported by the external auditors while performing audit procedures? (10 marks)

3-Who is responsible for preparing financial statements of HSBC? What is the external audit report on the presentation of financial statement of HSBC? Name the different Financial statements that audited by external auditors. (10 marks)

4-Discuss the difference between the Audit Committee Report and Auditors Report. What is the basic information discussed in these two reports?

(10 marks)

5-Explain the term Audit Risk and Audit evidence. How auditors can reduce audit risk, support your answer from annual report of Adidas.

(10 marks)

6-What do you understand by assumption going concern. What auditors view on the company assumption of going concern? (10 marks)

7-Are auditors responsible for frauds? Discuss the auditor responsibility for the detection of errors and frauds? Support your answer from the Annual report of HSBC. (10 marks)

8-What does the term internal control means? What are the views of external auditors on management internal control over financial reporting? (10 marks)

9-What do you understand by the term independence in opinion? Support your answer with evidence from Annual report of HSBC. (10 marks)

10-Write a summary on the auditors report, in your discussion you need to elaborate the key audit matters. (10 marks)

I NEED THIS ASAP TO BE MARKED TODAY AND THE ONLY WAY I COULD DO IS TO PROVIDE WITH THE LINK PLEASE ANSWER IT BECAUSE I POSTED IT SEVERAL TIME. THANKS