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Examine and assess the Revised ASA315 with a focus on identifying risks

AUDIT, ASSURANCE AND COMPLIANCE

WORD COUNT- 1000 TO 1500 WORDS

INSTRUCTIONS

ALLOCATED COMPANY: SONIC HEALTHCARE

Go to the website of your allocated company. Then, go to the Investor Relations section of the website. This section may be called: “””Investors”””, “”Shareholder Information”,” or similar titles. In this section, find the ‘company’s annual report and other related reports. Download the ‘firm’s latest annual report and other related information and reports and save it to your computer. For example, these reports may be dated 30 June 2021 or 30 June 2022.

Questions

Assume that you have been appointed as the external auditor for your allocated company for the financial year ending June 2021 or 2022. Prepare a report to adequately address the following:

Examine and assess the Revised ASA315 with a focus on identifying risks, including risks associated with information technology and the auditor’s obligation to utilize automated tools and techniques to perform the audit in a professional, effective and efficient manner

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