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You have been tasked with leading the audit team for the year end audit of Gordon's Green Grocers Ltd , a small chain of green
You have been tasked with leading the audit team for the year end audit of Gordon's Green Grocers Ltd a small chain of green grocers with five shops in the Coventry area. The owner, Gordon Green, works closely with each of his store managers and his finance team. The finance team consists of a financial controller and one assistant, who have together prepared year end accounts showing revenue of m and profits of m which is significantly up on last year.All sales are made by cash, cheque, or debit card, with no debtors on the balance sheet at year end. Each store manager sends a statement detailing sales in the month to the finance team on a monthly basis and at year end. It is believed that Gordon Green would like to show the best possible results so as to
obtain further credit from the bank.
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