This report, prepared for HI6026, provides a comprehensive analysis of the audit, assurance, and compliance aspects of Midway Limited, a company listed on the Australian Stock Exchange. The report begins with an executive summary, followed by a detailed table of contents, and then delves into key areas such as auditor independence, the nature of non-audit services, and auditor remuneration. It examines key audit matters, including the valuation of land and forestry plantations, and explores the roles and responsibilities of the audit committee. The report also covers the auditor's opinion, management and auditor responsibilities, subsequent events, and the effectiveness of material information reported. It concludes with follow-up questions for the auditor and a final conclusion, providing a thorough overview of the audit process and financial reporting of Midway Limited. References are included for further reading.
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