You have recently qualified as a chartered accountant and have started working as an accountant with a
Question:
You have recently qualified as a chartered accountant and have started working as an accountant with a major Sports retailer "Sports R Us". The company sells a range of brands, including its own budget goods. These goods are manufactured overseas through an arrangement with sub-contractors, who confirm that they do not engage in modern slavery or use child labour in their supply chain. "Sports R Us" reports under the Australian modern slavery legislation that there is no modern slavery or child labour in its supply chain.
As you qualified a number of your international friends who studied with you congratulated you.
Tommy from India also sent you some photos of young children stitching leather footballs with the "Sports R Us" name on them.
Required:
1) What would be the most appropriate action that you should do next, under APES 110?
Financial Accounting and Reporting
ISBN: 978-0273744443
14th Edition
Authors: Barry Elliott, Jamie Elliott