Importance of Enhanced Audit Report: Analysis of Amcor Limited's Annual Report

Audit Assignment

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By student name
Professor
University
Date: 16th Sep 2018.
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Executive Summary
The main purpose of the assignment is to stress on the importance of enhanced audit report.
For the in depth understanding of the topic we were required to take the annual report of an
ASX listed company as an example and analyze the same. In this case the company taken is
Amcor Limited. The annual report has been profoundly studied to know whether the aim of the
project has been achieved. The financial statement of the company is very well prepared with
all the necessary notes and explanation forming part of it being disclosed in a transparent
manner. Moreover, the auditor has legibly discussed all the key audit matters in his/her audit
report, describing the reasons behind considering each matter as key audit matter and sighting
their significance to the audit. The audit procedures followed by the auditor in the assessment
of all the key audit matters are also discussed very clearly. To gauge it up, we can say that the
objective of this assignment has been met, so as the requirements of the users of annual
report.
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Contents
Introduction.................................................................................................................................................4
Analysis........................................................................................................................................................5
Conclusion...................................................................................................................................................7
References.................................................................................................................................................10
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