Analysis of Pushpay Holdings Ltd Annual Report

Finance Assignment

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By student name
Professor
University
Date: 25 April 2018.
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Executive Summary
In the given assignment, a report has to be prepared using the annual report of the company. The
company being chosen here is Pushpay Holdings Ltd, which is listed on the Australian Stock
Exchange. Furthermore, the company has been analysed through its annual report pertaining to
the year 2017 and materiality has been established as to what should be the quantitative estimate
of materiality for the company. The concept of materiality and why it is important from audit of
financial statements perspective and what the different ways and criteria has to arrive at
materiality. The various draft notes and the disclosures being shown in the annual report of the
company have been analysed and commented upon in the report. In section 2 of the report, the
preliminary analytical review has been carried out for the company using the profit and loss
account and the balance sheet of the company and using various ratios and trends. The audit plan
has been prepared basis that using relevant assertion and one audit procedure to support the
same. Finally, in section 3 of the report, the cash flow statement of the company has been
analysed as to what are the cash receipts and payments and what are the main non-cash financial
and investing activities. The going concern assumption of the entity has also been checked and
finally the audit report of the company has been analysed to see what was the opinion expressed
and are there any audit issues, which have been raised.
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Contents
Section 1: Materiality concern of the entity................................................................................................3
Section 2: Preliminary analytical review of the company............................................................................5
Section 3: Review of the cash flow statement of the company...................................................................7
References.................................................................................................................................................10
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