Auditing Theory and Practice: A Case Study on Wesfarmers

Running head: Auditing Theory and Practice
Auditing Theory and Practice
Name of the Student
Name of the University
Author Note

1Auditing Theory and Practice
Executive Summary
The report include about the auditing process which is been carried by the auditor. Auditing
is the process which is carried by the auditor in regards of the financial statement of the
company it gives an opinion whether the financial statement are showing true and fair view
or not. It check all the internal control of the company and show how the company is
operating their business in the industry. The report also includes about the company
Wesfarmers and show the different business risk in the company and how it can affect the
accounts of the company. It also has the analytical review of the company and judge some of
the risk associated with it. The analysis of the corporate governance is been also there in the
report and also how the company follow the rules related to corporate governance.

2Auditing Theory and Practice
Table of Contents
Introduction................................................................................................................................4
Discussion..................................................................................................................................4
Overview of the Company.....................................................................................................4
Operations Carry by the Company.........................................................................................4
Industry in which the company works...................................................................................5
Risk in the industry................................................................................................................5
Analytical Review of Financial Statement.............................................................................8
Corporate Governance in the company................................................................................10
Conclusion................................................................................................................................11
Reference..................................................................................................................................11
Appendix..................................................................................................................................14

3Auditing Theory and Practice