PACC6002 AAS Semester 1 2019

PACC6002 AAS Semester 1 2019
Table of Contents
Attachment 1.......................................................................................................................................2
Part 1 Template – Information on Group’s chosen company..........................................................2
Attachment 2.......................................................................................................................................5
Part 2 Template – Overall inherent risk assessment.......................................................................5
References.........................................................................................................................................10
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PACC6002 AAS Semester 1 2019
Attachment 1
Part 1 Template – Information on Group’s chosen company
Group No:
Add Chosen Company Name here:
Insert the url (link) to the entity annual
report site/location:
https://groupir.mirvac.com/page/Financial_Reports/
1. Balance date (year-end) As at 30th June 2018 (pp.76)
2. Date of the audit report As at 9th August 2018 (pp.128)
3. Name of the auditor (firm) signing the
report
PriceWaterHouseCoopers (pp.128)
4. To whom the audit report is addressed To the stapled security holders of Mirvac Limited
(pp.122)
5. Type of audit opinion expressed in the
audit report (NOT the wording)
Unqualified opinion with the expression that the
company has complied with the Australian
Accounting Standards and the Corporation Act, 2001
and that its financial reports are showing true and fair
view.
6. Explanation(s) for any modification
(what was the reason for any
modification)
No modification during the year of audit
7. Which ASA does the audit report
comply with?
ASA 701 – Communicating key audit matters in the
independent auditors’ report
ASA 720 – The auditors’ responsibilities relating to
other information
ASA 705 – Modification to the opinion in the
independent auditor’s report
For EACH of the remaining items please
show the amounts (indicating the applicable
currency e.g. $A and amounts in thousands
or millions)
8. Assurance (audit) fees Audit services: (pp.114)
Audit and review of financial reports– $1,600,000
Other assurance services – $ 626,000
Total amount paid for audit services – $2,226,000
9. Non-assurance (non-audit) fees
NOTE: for 8 & 9, make the effort to show
Other services: (pp.114)
Tax advice and compliance services – $145,000
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PACC6002 AAS Semester 1 2019
any breakdown showing what the fees
were for and who they were paid to.
Advisory services –$ 6,000
Total others services –$ 161,000
10. The industry (or industries) the
chosen entity operates in
Property, Investment, Retail Estate
11. Operating revenue $2,159 m(pp.75)
12. Operating profit before tax $1,166 m(pp.75)
13. Operating profit after tax $1,089 m(pp.75)
14. Equity $8,655 m(pp.76)
15. Total assets $13,345 m(pp.76)
16. Total liabilities $4,690 m(pp.76)
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