Auditing as a process to inspect and examine the finas

The second part of the report involves in the analysis of the inherent risk of material misstatements of Cochlear Limited at financial report level. Analytical Procedures Comparison of Income Statement and Balance Sheet for Last Three Years Particulars 2016 ($m) 2017 ($m) 2018 ($m) Change in % from 2016 to 2017 Change in % from 2017 to 2018 Revenue 1,130.6 1,253.8 1,363.7 10.9% 8.8% Cost of Sales 333.6 358.4 91.2 7.4% 0.8%