task: mock audit report and mock audit presentation with the client.

you can use a real company or theoretical.For the audit presentation,

provide information to be put on powerpoint. Below is the provided

table of contents for the audit report.

TABLE OF CONTENTS

I. Company Profiling

-Nature of the Business

-Registration

-Our Business

-Our Historical Performance

-Our Competitive Strengths

-Our Growth Strategies

-Our Risks and Challenges

-Our Corporate History and Structure

-Corporate Information

-Implications of Being an Emerging Growth Company

-Organizational Chart

-Audit Period

-Policy and Procedures

II. Engagement Letter

-The Objectives and Scope of the Audit

-The Responsibilities of the Auditor

-Independence

-Independence matters relating to the provision of services

-Independence matters relating to hiring

-Fees

-Key assumptions

i. No Changes to the Timing of the Engagement at the Company's Request

ii. Accuracy of Financial Schedules

iii. Technical Issues and Management Position Papers

iv. Year-end General Ledger Reconciliations

v. Audit Support

vi. Minimal Audit Adjustments

vii. Accounting Systems & Internal Controls

viii. Acquisitions, Divestments and Restructurings

ix. New Accounting or Financial Reporting Issues

x. Financial Statements

-Payment Schedule

-Other

III. Audit Planning Lead Schedule and Supporting Document

-audit requirements list

-trial balance

-Supporting documents

supporting documents	RECONN SCHEDULE NEEDED	DOCUMENTS NEEDED
Cash	Bank Recon 31, Dec. 2023 Bank Recon 31, Jan. 2024	Bank Statement 31, Dec. 2023 Bank Statement 31, Jan. 2024 ,Bank Confirmation 31, Dec. 2023
Petty Cash	Expense Disbursement Schedule	Petty Cash Count Sheet
Accounts Receivable	Accounts Receivable Aging Report	Client Confirmation Letter
Accounts Payable	Accounts Payable Aging Report	Supplier Confirmation Letter
Inventory Inventory	Balance Schedule Inventory	Physical Count Sheet
PPE	Fixed Asset Registe	Sales Invoice
Revenue	Revenue Schedule	Sales Invoice
Expenses	Reconciling Schedule	Tax Invoice

IV. Management Letter Point

V. Audit Financial Statements

• Statement of Financial Operation
• Statement of Financial Position
• Statement of Equity
• Statement of Cash Flow
• Notes to Financial Statements

VI. Auditor's Report

VII. Management Representation Letter