AUDIT ASSURANCE AND COMPLIANCE 12 AUDIT ASSURANCE AND COMPLIANCE Audit Assurance and Compliance Author Note: Executive Summary 2 ASX Corporate Governance Principles 2 Risk Assessment conducting 5 Nature of Aristocrat Leisure Limited 6 Regulatory Authority 6 Ratio Analysis 6 Common-size Income Statement 7 Common-size Balance Sheet 8 Audit Risks faced by Aristocrat Leisure Limited 8 Ways to mitigate audit risks identified at Aristocrat Leisure Limited 9 Reference List 10 Executive Summary In this assignment, proper emphasis has been given on understanding the