Audit Report on Legend Corporation Limited

   

Added on  2022-11-12

12 Pages566 Words127 Views
HA3032 AUDITING
Audit Report on Legend Corporation Limited_1
• The report has been made on the legend corporation limited.
• Identification of all the key risks have been made.
• There is the consideration of the material misstatements
which are involved.
• Calculation is made of the ratios for performance
evaluation.
• Assertions have been identified for all material accounts.
• The method of the sampling to be considered is identified.
Introduction
Audit Report on Legend Corporation Limited_2
Company overview
• The company legend corporation is incorporated in
Australia.
• It is involved in engineering services which are provided.
• Other services include mining, rail, medical and many
more.
• The establishment of the company has been done in 1942.
• USA, china and Europe are the countries in which exports
are made by the company.
Audit Report on Legend Corporation Limited_3
Risk in audit
The process of audit involves various risks and they have been identified. The
procedure will be performed and the main involved risks are:
• Control risk
• Inherent risk
• Detection risk
Audit Report on Legend Corporation Limited_4

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