please help sovle this.

ZNZ Bhd. Operates in the coal mining enterprise. The company owns ten (10) mines throughout tthe us of a from which coal is extracted earlier than being bought to customers who're power companies. Coal mining agencies function underneath licence from the National Coal Mining Authority, an organisation which monitors the environmental impact of coal mining operations, and calls for coal mines to be operated in compliance with strict health and safety regulations.

You are an audit manager in Sameera & Associates, answerable for the audit of ZNZ Bhd. And you are reviewing the audit working papers for the year ended 31 August 2020. The draft financial statements understand profit before tax of RM21 million and general assets of RM195 million. The audit senior has left a note in your interest:

Sales and Accounts Receivable

The consolidated sales has extended via 184 percent from the 2019 to 2020.

Revenue in Korea, which has a popularity as a hard market for foreign companies to

input, had increased from RM97,000 within the first quarter of 2019 to approximately RM59

million in the first zone of 2020.

In the second one area of 2020, sales has grown with the aid of 104 percentage but money owed receivable grew by way of 128 percent.

The average series days first-rate has improved from 138 days in 2019 to one hundred sixty days for the six-month period ended 31 August 2020.

Accident at the Sinang Sabu Mine

On 15 August 2020, there has been an coincidence on the Sinang Sabu Mine, wherein several tunnels in the mine collapsed, causing other tunnels to come to be flooded. This has led to onethird (1/three) of the mine turning into inaccessible and for safety motives, the tunnels can be permanently closed. However, ZNZs control thinks that the rest of the mine can continue to be operational, as long as upgrades are made to make certain that the mine meets health and safety policies.

Luckily no one was injured in the twist of fate. However, the collapse brought about subsidence which has damaged numerous residential homes in a village positioned above the mine. A surveyor has been commissioned to record on whether the residences need to be demolished or whether or not they may be appropriately repaired. A institution of 25 citizens were relocated to apartment houses within the neighborhood area and ZNZ is assembly all costs on the subject of this. The Sinang Sabu Mine turned into received several years in the past and is recognised in the draft assertion of monetary function at RM12 million. As no personnel had been injured inside the twist of fate, ZNZs control has decided now not to report the twist of fate to the National Coal Mining Authority.

Required:

a. Based on the above information, identify the relevant assertion for sales and accounts receivable that the auditor should be most concerned with.

b. Explain the audit procedures that the auditor should perform for sales and accounts receivables respectively

c. In view of the accident at the Sinang Sabu Mine, discuss the evidence that the auditor expect would be present during the audit.

Please provide TWO (2) relevant articles for supporting your answer..