Dunlop Limited and Advertising Company has been audited by Acorn Auditing Services for a number of years. The audit team of Acorn Auditing Services visited Dunlop in March, to review the Company's internal control system in preparation for the final audit of the company's financial statements for the year ending 31 July 2021. As part of the final audit team, you, together with other team members, have been instructed to attend a briefing meeting as part of the planning of the final audit of Dunlop Ltd year-end financial statements. REQUIRED: (a) In prenaration for the final alit of F - the dotail- il. t. (b) In the planning process for the final audit of the financial statements, state five (5) matters that should be discussed at the audit brief meeting.
Dunlop Limited and Advertising Company has been audited by Acorn Auditing Services for a number of years. The audit team of Acorn Auditing Services visited Dunlop in March, to review the Company's internal control system in preparation for the final audit of the company's financial statements for the year ending 31 July 2021. As part of the final audit team, you, together with other team members, have been instructed to attend a briefing meeting as part of the planning of the final audit of Dunlop Ltd year-end financial statements. REQUIRED: (a) In prenaration for the final alit of F - the dotail- il. t. (b) In the planning process for the final audit of the financial statements, state five (5) matters that should be discussed at the audit brief meeting.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Dunlop Limited and Advertising Company has been audited by Acorn Auditing Services for a
number of years.
The audit team of Acorn Auditing Services visited Dunlop in March, to review the Company's
internal control system in preparation for the final audit of the company's financial statements
for the year ending 31 July 2021. As part of the final audit team, you, together with other team
members, have been instructed to attend a briefing meeting as part of the planning of the
final audit of Dunlop Ltd year-end financial statements.
REQUIRED:
A) In preneration for the final 2: t nf r
n the dntail.
t.
(b) In the planning process for the final audit of the financial statements, state five (5) matters
that should be discussed at the audit brief meeting.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3ef5bf05-a3ce-4e88-8c95-aec2d1a97bdd%2Fd8e4b972-e31d-4fc5-a510-6eafb715366c%2Frvi7sf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Dunlop Limited and Advertising Company has been audited by Acorn Auditing Services for a
number of years.
The audit team of Acorn Auditing Services visited Dunlop in March, to review the Company's
internal control system in preparation for the final audit of the company's financial statements
for the year ending 31 July 2021. As part of the final audit team, you, together with other team
members, have been instructed to attend a briefing meeting as part of the planning of the
final audit of Dunlop Ltd year-end financial statements.
REQUIRED:
A) In preneration for the final 2: t nf r
n the dntail.
t.
(b) In the planning process for the final audit of the financial statements, state five (5) matters
that should be discussed at the audit brief meeting.
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