Audit and Assurance Report 2022

Running head: AUDIT AND ASSURANCE
AUDIT AND ASSURANCE
Name of the Student
Name of the University
Author Note:

AUDIT AND ASSURANCE1
Executive Summary
This report describes the performance of the client Morris Ltd, dealing in herbal medicines,
suffering continuous losses and seeking ways to expand its business to other countries as well.
The company is trying to expand by encouraging managers and employees through a bonus
scheme. The expansion planning has been supported by the board who has agreed to raise
additional capital to fund ongoing operations. The performance at present has been considered
and comments for the going concern has been made.

AUDIT AND ASSURANCE2
Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Conclusion.......................................................................................................................................8
Reference.........................................................................................................................................9