Audit Assurance and Compliance- Assignment

   

Added on  2020-03-01

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Running head: AUDIT ASSURANCE AND COMPLIANCEAudit Assurance and ComplianceName of Student:Name of University:Author’s Note:
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1AUDIT ASSURANCE AND COMPLIANCETable of ContentsAnswer to Question 1:.....................................................................................................................2Answer to Question 2:.....................................................................................................................3Answer to Question 3:.....................................................................................................................4References........................................................................................................................................7
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2AUDIT ASSURANCE AND COMPLIANCEAnswer to Question 1:Application of analytical procedures to the financial report information of DIPL The main types of the information provided in the report have been related to thedifferent types of the developments in the audit plan. The plan for the audit has been further seento be considered based on the audit cost at a reasonable level to consider the aversions which arerelated to the clientele. The main analytical approach has been further seen to be consideredbased on the different types the assumption which has been based on the various levels of thereport which has been considered based on the dissemination of the information in the financialdeclarations (Kubuabola 2013). The analytical considerations in the report have been considered with the downsizing ofthe analysis with the reference point. This has been further considered for the financial statementcomparison for the various corporations. The main interpretations from the ratio have beenfurther able to signify on the different types of the consideration which has been related to theaudit planning (Ruhnke and Schmidt 2014).Explanation of the way the results influence planning decisions for the auditParticulars201320142015Current ratio1.421.461.50Profit margin0.0680.600.06Solvency ratio0.620.440.21Table 1: Ratio Analysis(Source: as created by Author)
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