This article discusses the audit risk and areas of concern in financial statements. It provides insights into the risk ratios of DON Ltd. and RUMPT Ltd. and highlights the control and inherent risks associated with various financial ratios. The article concludes with recommendations for action against these risks.

Audit Report on Risks for DON LTD and RUMPT LTD

Provide a report to the Audit Manager on the risks related to DON LTD and RUMPT LTD based on the preliminary analytical review results.

This document covers audit risk and areas of concern in financial statements. It discusses how to identify and assess risk, and highlights key areas to watch out for. This document

Audit Risk and Areas of Concern in Financial Statements

This document discusses the areas of risk and types of risk in auditing and assurance in Australia.

Auditing and Assurance in Australia

This memorandum provides an analysis of the audit risk in Always Precise Instruments Pty Ltd based on financial ratios and internal control testing.

Analysis of Audit Risk in Always Precise Instruments Pty Ltd

This report analyzes the audit risk and business risk faced by Revesby Ltd and provides recommendations to mitigate these risks.

Identifying Audit and Business Risk

This article analyzes B Ltd.'s financial performance for 2021 and 2022, including profitability, liquidity, and efficiency ratios. The analysis suggests that B Ltd. needs to improve its management of expenses, inventory, and payables to increase profitability and liquidity. The article also provides suggestions for improvement.

Financial Performance Analysis of B Ltd. for 2021 and 2022

The assignment content discusses Audit, Assurance, and Compliance, focusing on Double Ink Printers Ltd (DIPL). It analyzes various ratios for the company over three years, discussing profitability, liquidity, and solvency. The inherent risk factors include financial risk, information technology risk, and other risks that may lead to material misstatement of financial reports. The content also highlights fraud risk factors such as debt agreement and nature of control environment. Finally, it emphasizes the importance of corroboration between current assets and liabilities, equity and retained earnings, and inventory balance in audit planning.

Audit, Assurance, and Compliance

Report

Audit Theory

HI6026 -&nbsp;The following paper is based on case study of DIPL (Double Ink Printers Limited). There are some questions based on company&#39;s overall perfomances and working. Analytical procedures to the financial report information of DIPL for the last three years is applied. Risk assessment and types of inherent risk factors arising in bussiness operation of DIPL is&nbsp;discussed. Key fraud risk factors relating to misstatements arising from fraudulent financial reporting to which DIPL may be susceptible is discussed too.

Audit Risk and Areas of Concern in Financial Statements

End of preview

Auditing and Assurance in Australia

Analysis of Audit Risk in Always Precise Instruments Pty Ltd

Identifying Audit and Business Risk

Financial Performance Analysis of B Ltd. for 2021 and 2022

Audit, Assurance, and Compliance

Audit, Assurance and Compliance, HI6026

Audit Risk and Areas of Concern in Financial Statements

End of preview

Auditing and Assurance in Australialg...

Analysis of Audit Risk in Always Precise Instruments Pty Ltdlg...

Identifying Audit and Business Risklg...

Financial Performance Analysis of B Ltd. for 2021 and 2022lg...

Audit, Assurance, and Compliancelg...

Audit, Assurance and Compliance, HI6026lg...

Auditing and Assurance in Australia

Analysis of Audit Risk in Always Precise Instruments Pty Ltd

Identifying Audit and Business Risk

Financial Performance Analysis of B Ltd. for 2021 and 2022

Audit, Assurance, and Compliance

Audit, Assurance and Compliance, HI6026