Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader

Phone no. Missing!

Enter phone no. to receive critical updates and urgent messages !

Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

ACCT3005 Key Events In The Auditing Of BHP Group For Keen Analysis

tag 0 Download 12 Pages / 2,787 Words tag 06-01-2020

Questions:

1. Identify what you consider to be four ‘key’ events that could have an impact on the audit of the BHP Group for the year ended 30 September 2018 and/or future audits. (For the purposes of this assessment we are assuming the reporting date is the 30th of September, not a traditional balance date). For each of the events identified above, describe the event clearly and state how and why you consider the event may create the risk of potential material misstatement in the financial statements of BHP for the year ended 30 September 2018. You are expected to identify four (4) critical events that have occurred within the relevant reporting period. It is expected that you will identify appropriate references to relevant Accounting Standard(s) (mandatory disclosure requirements or requirement for specific procedures related to the amounts to be shown in the financial reports) as part of your discussion of the potential misstatement. You must also identify an appropriate audit objective which you think is relevant to each of the risks you have identified and explain how you arrived at the identification of the audit objective (i.e. you must justify the identification of the audit objective).

2. Using your understanding of the audit evidence mix, discuss briefly how each of the risks you identified will impact on the evidence mix for the planning of the audit
of BHP. When referring to the evidence mix to use, reference should be made to the tests of balances, transactions and analytical procedures and the like (refer to the lectures for a complete list of types of evidence used by the auditor), indicate which specific areas in the accounting system would be critical and comment on the nature and extent of the testing required . HINT: You are only required to assess the evidence mix for each individual event identified and determine an appropriate evidence mix for that specific event. You are not required to identify an overall inherent risk and audit risk assessment for the entity. You are not required to determine an overall evidence mix for the entity. Focus only on the impact of each individual risk on the evidence mix required to assess the impact on each risk you have identified.

 
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 12 pages

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2020). ACCT3005 Key Events In The Auditing Of BHP Group For Keen Analysis. Retrieved from https://myassignmenthelp.com/free-samples/acct3005-key-events-in-the-auditing-of-bhp-group-for-keen-analysis.

"ACCT3005 Key Events In The Auditing Of BHP Group For Keen Analysis." My Assignment Help, 2020, https://myassignmenthelp.com/free-samples/acct3005-key-events-in-the-auditing-of-bhp-group-for-keen-analysis.

My Assignment Help (2020) ACCT3005 Key Events In The Auditing Of BHP Group For Keen Analysis [Online]. Available from: https://myassignmenthelp.com/free-samples/acct3005-key-events-in-the-auditing-of-bhp-group-for-keen-analysis
[Accessed 07 February 2023].

My Assignment Help. 'ACCT3005 Key Events In The Auditing Of BHP Group For Keen Analysis' (My Assignment Help, 2020) <https://myassignmenthelp.com/free-samples/acct3005-key-events-in-the-auditing-of-bhp-group-for-keen-analysis> accessed 07 February 2023.

My Assignment Help. ACCT3005 Key Events In The Auditing Of BHP Group For Keen Analysis [Internet]. My Assignment Help. 2020 [cited 07 February 2023]. Available from: https://myassignmenthelp.com/free-samples/acct3005-key-events-in-the-auditing-of-bhp-group-for-keen-analysis.


Stuck on Any Question

Our best expert will help you with the answer of your question with best explanation.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

Phone no. Missing!

Enter phone no. to receive critical updates and urgent messages !

loader
250 words
Error goes here

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

We Can Help!

Get top notch assistance from our best tutors !
Excel in your academics & career in one easy click!

icon

Other Samples

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

icon

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?
close
Subtraction Payment required!

Only one step away from your solution of order no.