This question is not based on a case study. We are to review the operations of JB HI FI in Australia website, as well as its annual report as indicated in some of teh questions. its a research on the company type of assignment. i have seen a similar question on this assignment but different company. I hope this helps

Please questions below. i will like question 6 to be answered probably first. also if i can get this sorted, even if its just a brief answer, it will be good, so i know what directions i am going. itts urgent. thanks

1. What are the areas in which JBH conducts its operations? (2 marks)

2. Who are the FOUR primary competitors of JBH in Australia? (2 marks)

3. Which particular laws/regulations (other than financial related categories which include legislation such as: Corporations Act 2001, Australian taxation laws, etc.) affect JBHs operations? You need to list and briefly describe FOUR laws/regulations. (8 marks)

4. Identify and explain FOUR key inherent risk factors that could have impact on the audit of JBH. You also need to describe how these risks may lead to potential material misstatements in the financial report. (8 marks)

5. Using the JBH 2017 annual report, identify and discuss FIVE accounts to be at significant risk. You also need to identify the key assertion at risk for each account. Do not use the same accounts identified in question 4 as answer. (10 marks)

6. With specific reference to JBHs corporate governance arrangements, you need to assess the likelihood of potential reliance that could be placed on the overall control environment. Your conclusion should be supported by at least THREE factors. (5 marks)