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You are an audit senior, performing the audit of Darwin Property Pty Ltd, a property management company with the head office in Darwin and branch

You are an audit senior, performing the audit of Darwin Property Pty Ltd, a property management company with the head office in Darwin and branch offices all over the Northern Territory. In performing the audit, the General Manager of the company, informs you of the following: 1 He does not want you to send a bank confirmation letter because he is concerned about the cost and feels the year-end bank statement issued by the bank should be sufficient. 2 He would like you to prepare the companys bank reconciliation at the end of the year. 3 He insists that the audit should be completed within one month of the end of the financial year as he needs to provide the auditing financial statements to the bank. Required Write a memo to your audit partner identifying any concerns you might have with any of the General Managers requests.

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