Aim for between 500-750 words - so be concise and precise!

Company is CWN-Crown Resorts Limited

Link to financial report- https://www.asx.com.au/asxpdf/20190913/pdf/448h5rmmc40qwb.pdf

Use for referencing to standards:

Auditing, Assurance, and Ethics Handbook 2019 Australia

Chartered Accountants Australia and New Zealand

Chapter 5 of your Moroney, et.al., Auditing: A Practical Approach 3rd Edition text explores different types of audit evidence. Using the SAME entity you selected for Assessment Task 2 you need to explain some of the challenges you recognise in gathering various types of evidence, imagining you are the financial report auditor for your chosen entity. You might also feel you can draw on later text chapters covered in Module 3.

REQUIRED: Choose and identify any three (3) types of audit evidence identified in Chapter 5 of your text. You need to explain the main challenges you feel you would face as the financial statement auditor in gathering and being persuaded about the sufficiency and appropriateness of each type of evidence you choose given the nature of your chosen entity's business.

Here are a couple of examples to get you thinking ...

If your chosen entity (the client) is a mining company, and you wanted to (briefly) explain the challenges of gathering & being persuaded about physical evidence (type) ... would you rely on evidence from the client, your own observations, an expert of some kind? Why? If you asked the client, what is an example of the physical evidence the client may be able to provide to persuade you? Ask that same question about your own observations or those of an expert. Perhaps some combination of these providers would be necessary - why?

If you chose the challenges of oral evidence (type), what specific matters would you wish to seek about this type of evidence for your chosen entity? From whom would you seek this evidence (why?), and most importantly, how might you seek to corroborate (increase the persuasiveness of) any responses you obtain?

Remember the word limit and the above are only (some) examples AND the examples are devoid of any context for a company's business .