La Trobe University ACC5AAS Advanced Auditing of IOOF Holdings Report

This report presents an analysis of the advanced auditing and assurance aspects of IOOF Holdings Limited, focusing on the 2018 annual report. It examines key audit assertions related to financial instruments, revenue recognition, and impairment of receivables, identifying potential risks of material misstatements. The report also assesses IOOF's compliance with the ASX Corporate Governance Council's principles, specifically focusing on the role and composition of the audit committee. The analysis incorporates relevant financial data and disclosures from the annual report, providing a comprehensive overview of IOOF's audit and governance practices. The report concludes by highlighting the importance of robust auditing processes and adherence to corporate governance standards for ensuring the integrity of financial reporting.