Write an audit strategy (maximum 1000 words) of Primero group limited

2.4 Accounting policy Main accounting policies may include: Policies regarding property, plant & equipment (PPE) (e.g. cost or revaluation model). Policies regarding inventory (perpetual or periodic, FIFO, average etc.). Policies regarding account receivables. Policies regarding financial instruments. Policies regarding intangible assets. Policies regarding revenue recognition. Etc. 2.5 Related parties and transactions with related parties Controlled entities (names and percentage of financial benefit or voting right). Non-controlled entities (names and percentage of financial benefit or voting right). Other related parties (names and their relationship with the client). Transactions with related parties in the financial year. Part B: Analysis of the client and impacts on the future audit work: 2.6 Changes in accounting policies and the impact of changes Any changes in the year compared to prior years and the possible or actual impact of these changes on the financial report. Any expected impact as a result of the changes in accounting standards in the future. Discuss the potential impact of those identified on the future audit work