BAO professional auditing question

please help

Part B 1. You have recently been appointed external auditor of the entity. You are assisting your Audit Manager in planning for the audit of the entity's financial statements. 2. You have accepted the appointment and communicated your decision to the client in the engagement letter. The audit fee is $140,000. 3. You are required to download the 2020 annual report published by the following entity: - Carbon Revolution Limited (https://investors.carbonrev.com/FormBuilder/_Resource/_module/ L8n_ASytw06c50A9TDIX2w/file/report/CBR_2020%20Annual%20Report.pdf) 4. Using information from the relevant chapters of the textbook, conduct specified audit tasks to assist your Audit Manager. The audit tasks are set out below. Required With reference to relevant chapters of the textbook, prepare a document for your Audit Manager. Your document must include the followings: 1. Executive summary (1 mark) 2. Introduction (1 mark) 3. Key information: a) Gain an understanding the client (8 marks) Content List 1. Executive summary 2. Introduction: Purpose /objectives of the assignment o Required structure of the assignment (ASA300) 3. Key information: Gaining an understanding the client The summary of the client's operations should include brief information on their financial position and performance for the year, applicable financial reporting framework, industry in which the client operates and economy wide factors affecting the client. ASA 315 Principal activities of Carbon Revolution Limited Key financial highlights: Financial reporting framework: o GPFR, Corporation ACT2001, IFRS, AASB, Consolidated, Subsidiary? Part B 1. You have recently been appointed external auditor of the entity. You are assisting your Audit Manager in planning for the audit of the entity's financial statements. 2. You have accepted the appointment and communicated your decision to the client in the engagement letter. The audit fee is $140,000. 3. You are required to download the 2020 annual report published by the following entity: - Carbon Revolution Limited (https://investors.carbonrev.com/FormBuilder/_Resource/_module/ L8n_ASytw06c50A9TDIX2w/file/report/CBR_2020%20Annual%20Report.pdf) 4. Using information from the relevant chapters of the textbook, conduct specified audit tasks to assist your Audit Manager. The audit tasks are set out below. Required With reference to relevant chapters of the textbook, prepare a document for your Audit Manager. Your document must include the followings: 1. Executive summary (1 mark) 2. Introduction (1 mark) 3. Key information: a) Gain an understanding the client (8 marks) Content List 1. Executive summary 2. Introduction: Purpose /objectives of the assignment o Required structure of the assignment (ASA300) 3. Key information: Gaining an understanding the client The summary of the client's operations should include brief information on their financial position and performance for the year, applicable financial reporting framework, industry in which the client operates and economy wide factors affecting the client. ASA 315 Principal activities of Carbon Revolution Limited Key financial highlights: Financial reporting framework: o GPFR, Corporation ACT2001, IFRS, AASB, Consolidated, Subsidiary