What are the areas in which IAG conduct its operation?

Which particular laws/regulations (other than financial related categories which include legislation such as: Australian taxation laws, Corporation Act 2001 etc.) affect IAGs operations? You need to identify and describe at least FOUR laws/regulations according to 2020 annual report of IAG?

Identify and explain FOUR business risks that could have impact on the audit of IAG. Based on your business risk analysis and understanding of IAG group and its environment, list and explain FOUR accounts to be at risk of material misstatements. You also need to identify the key assertion at risk for each identified account.