-

 MINI PROJECT AUDIT 2 (MR DIY) 


                                             


                                                            COMMERCE DEPARTMENT

DPA 50153 - AUDIT 2
MINI PROJECT (CLO 2)
PROGRAMME: DAT5A & DAT5B
SESSION: 1 2024/2025









Part A: Find the Annual Report

Get an annual report of the company during the period 2022 - 2023 in the main market by visiting https://www.bursamalaysia.com/trade/trading_resources/listing_directory/main_market. Download this report and upload it on www.mypolyaudit.blogspot.com along with the task to parts B and C.











Part B: Analyzing Problems

Calculate the financial ratios for 2 years (2022 and 2023) and provide an analysis of the significant ratio changes for 2 years. Please calculate the financial ratios in the table below:
 




Part C: Finding and Conclusions

Based on the significant changes observed in the financial ratios between 2022 and 2023, you are required to: 


1) Verify the potential impact of these variations on the company's business risk, going concern status and any relevant issue.






https://youtu.be/Ck33TT4gx1E?si=FORedOkwUPhTJI5C



2) Prepare the steps would you take to corroborate the information obtained from this analytical procedure with other audit evidence, such as documentation supporting management's assertions and external sources of information.








https://youtu.be/1KAo8Y-k-jY?si=knX8ybgw9N1sEJG-



3) Explain additional audit procedures would you recommend to understand the underlying reasons behind these variations













Comments

Post a Comment

Popular posts from this blog

CHAPTER 4: AUDITING IN CIS ENVIRONMENT (PSP_DAT5BJune2020)

-
Image
CHAPTER 4 : AUDITING IN COMPUTERISED INFORMATION SYSTEM ENVIRONMENT Group Members: 1.Muhammad Zaifan Hakim Bin Ramli (10DAT18F1084) 2.Nurfatin Nabila Bt Mawardi (10DAF18F1010) 3.Nur Fadhlin Bt Muhammad Fuzi (10DAT18F1022) 4.Nurdini Husna Bt Jamil Akhir (10DAT18F1024) 5.Nurul Hazniza Bt Kahar (10DAT18F1042) WHAT IS CIS? What is CIS? - System that composed people & computers that processes or interprets infomation. Objective of audit in CIS. - True and fairness of the financial statements Scope Of Audit under CIS Enviroment. - Legislations, regulations & the approved auditing standards Two categories in internal control 1) Application Control  -To ensure the completeness & accuracy of input Types of control - Data capture controls - Data validatio controls - Processing control  - Output control  - Error control 2) General control - develop, maintained & operated & how effective the operations of the programmed procedures Types of control  - Data cen...
Read more

CHAPTER 2 : AUDIT EVIDENCE

-
Image
WELCOME TO OUR BLOG  ❝ BEING AN AUDITOR IS EASY. IT'S LIKE RIDING A BIKE, EXCEPT THE BIKE IS ON FIRE. YOU'RE ON FIRE. EVERYTHING IS ON FIRE !! ❞ 👧  NUR FARAHIN BINTI RAHMATHULLAH (10DAT17F2009) 👦  BALAMURGHAN A/L SARAVANABAVAN (10DAT17F2050) 👧  HARSHINNI A/P CHANDRAN (10DAT17F2013) OUR BLOG IS ABOUT AUDIT EVIDENCE ➽ AUDIT EVIDENCE DEFINITION ⇏ ➸The information obtained by the auditor in arriving at the conclusions on which the audit opinion in based. ➸ It comprise source documents and accounting records underlying the financial statements and corroborating information from other sources. ➸ Any information use by the auditor to determine whether the information being audited is stated in accordance with the established criteria. ISA 500   Information is used by the auditor in arriving at the conclusions on which the auditor's opinion is based. Audit evidence includes both information contained in the accounting records und...
Read more

DPA 50153 - AUDIT 2 MINI PROJECT (GROUP 4) [QUESTION 2]

-
Image
  COMMERCE DEPARTMENT DPA50153 - AUDIT 2 MINI PROJECT (CLO 2) PROGRAMME : DAT5A SESSION: 1 2023/2024 LECTURERS NAME: 1. CIK DANIZAH BINTI CHE DIN 2.  PUAN  RASYIDAH BINTI SHAHABUDDIN - SLIDE VIDEO - Video link:  https://youtu.be/bF89m1nkYBo?si=DJX4e9iAOzDvStVN   - SLIDE - SLIDE LINK: https://www.canva.com/design/DAFyQQdyyqE/yiJvrfdL40FldF0UD8j1MQ/edit?utm_content=DAFyQQdyyqE&utm_campaign=designshare&utm_medium=link2&utm_source=sharebutton REFERENCES: 1. ISA: ISA 500 https://drive.google.com/file/d/1uj_3dJd2Iwpbza2b4JWpe0JY6ifqOHFQ/view?usp=drivesdk ISA 700 https://drive.google.com/file/d/1X462n2qpmYYGX_yfvUH7fpwZBvVANlnw/view?usp=drivesdk 2. GOOGLE: https://www.investopedia.com/terms/a/auditors-opinion.asp https://slideplayer.com/slide/13235811/ https://slideplayer.com/slide/5863763/ ▂▃▄▅▆▇█▓▒░ THANK YOU! 😊░▒▓█▇▆▅▄▃▂
Read more