Auditing and Assurance of Bellamy’s Australia Limited

Running head: AUDITING AND ASSURANCE
AUDITING AND ASSURANCE
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AUDITING AND ASSURANCE
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Executive Summary
The report focuses on annual report of Bellamy’s Australia Limited, which is one of the
dominant infant nutrition and food Brand Company in Australia and China. In this report, the
focus will be on the related party transaction during the financial year. Variations in
financials regulations and plans, how variations affect the company is evaluated. Specific
ratios are calculated, which reflects the profitability and position of the firm in the market.
Lastly, the ability of the company to operate in the long-run is discussed in the report.

AUDITING AND ASSURANCE
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Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................4
Related parties and transaction with relevant parties.............................................................4
Controlled entities..................................................................................................................4
Non-controlled entities...........................................................................................................4
Other related parties...............................................................................................................4
Transaction with related parties in the financial year............................................................5
Changes in accounting policies and the impact of changes...................................................5
Preliminary analytical procedures..........................................................................................6
Conclusion..................................................................................................................................8
Appendix....................................................................................................................................9
References................................................................................................................................10

AUDITING AND ASSURANCE
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Introduction
In this report, the discussion is about one of leading food brand company in Australia.
The company has almost forty products, such as organic food, toddler milk, infant milk, and
many more. It mainly aims to provide nutritious food and formula products useful for infants
and children. This company has almost forty products, such as organic food, toddler milk,
infant milk, and many more. It mainly aims to provide nutritious food and formula products
useful for infants and children. The company has almost forty products, such as organic food,
toddler milk, infant milk, and many more. It mainly aims to provide nutritious food and
formula products useful for infants and children. This company has almost forty products,
such as organic food, toddler milk, infant milk, and many more. It mainly aims to provide
nutritious food and formula products useful for infants and children. The report reflects
importance of audits in the company. Lastly, it concludes that directors are responsible for
preparing an accurate and fair annual report.