https://stanmorecoal.com.au/sites/default/files/2020-09/2020%20Annual%20Report.pdf

Use the above link( copy and paste in google to retrieve the data) to answer the question

1.From the financial statements of your allocated entity, select two revenue and two

expense item from the Statement of Profit or Loss and Other Comprehensive Income, two

asset and two liability items and one item from the equity section of the Statement of

Financial Position.

For the nine selected items:

a)Identify the key assertion(s) at risk in relation to the balances described for each of

these nine selected items in the financial report.

b)Describe the audit procedure(s) you would perform to gather sufficient appropriate

audit evidence on each of these assertions to ascertain the fairness of the value of

each of these nine items stated in the financial report.