You are the external auditor of Bunny Sdn Bhd (Bunty) for the year ending 31 December 2020. The audit firm?s data analytics software has shown the following statistics, relating to journal entries, using data provided by Bunny.

The statistics shows the total value (analyzed by time of posting), average value and department for each employee who has posted journals during the year.

Required

1. Using the statistics, identify and explain the matters, which you consider, require further investigation.

Transcribed Image Text:

Total value £'000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 L. Hicks (Finance) Posted 9am-6pm Mi M. Albus T. Kama (Finance) (HR) Posted 6pm-9am A. Nagini (Finance) 100 90 80 70 60 50 40 30 20 10 0 N. Flamel (Board) -Average value Average value £'000 Total value £'000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 L. Hicks (Finance) Posted 9am-6pm Mi M. Albus T. Kama (Finance) (HR) Posted 6pm-9am A. Nagini (Finance) 100 90 80 70 60 50 40 30 20 10 0 N. Flamel (Board) -Average value Average value £'000

Answer rating: 100% (QA)

In this case there are 5 employees who are preparing journal entries and the timings and values of the entries are captured in the above graph It is a... View the full answer