Get a unique, high-quality and non-plagiarized paper from us today at the most affordable price
Email us :

Business Risk Analysis of GPT Group and preparation of an audit strategy

Research Project (20%)
This activity is aimed at students demonstrating that they have developed investigative skills in the context of auditing and Forensics. The activity must be completed to a satisfactory standard as determined by the Course Co-ordinator. It’s an Individual project. Submit via Turnitin link on learning hub, specified for your class.
You are required to conduct and document the business risk analysis for GPT GROUP and then prepare a broad audit strategy for the company for inclusion in the audit report.Assignment Objectives:
– practical experience in gaining an understanding of an auditee and the processes of conducting a detailed strategic risk analysis from an auditor perspective, and Fraud analysis from the view of a forensic accountant.
– enhance your report writing skills

– read background material on business risk assessment that you can find. Don’t limit yourself to the textbook. Use audit firm websites for example.

Consider the following matters and how they affect the financial statement assertions:
Circumstantial information:
a. key economic factors about company’s industry
b. stage of company’s life cycle
c. business success factors
d. notable accounting issues for this industry
e. legal or regulatory matters of concern
f. social matters

Internal information:
g. its primary products
h. company size (sales, assets, employees)
i. locations / segments
j. related parties / associates
k. corporate governance issues

Analyse the company’s position:
l. financial strength
m. performance trends
n. sources of capital
o. market / media responses to company news
p. quality of earnings
q. compare company to rest of industry
r. use industry benchmarks, ratio analysis

Outline your broad audit strategy, and forensic investigation:
s. identify high-risk areas of the business
t. identify low risk areas for the business
u. explain how these risk areas are reflected in the financial statements
v. identify significant types of transactions and transaction cycles
w. Will it be appropriate to reduce assessed control risk?
x. Use the Fraud Triangle and Fraud Scale to critically analyse your listed company?

The above list does not provide an appropriate structure for your report and is not intended to be exhaustive. It is merely a list of some things to consider and provides a default minimum task list.

How much weight you place on any matter is an exercise in your judgement and you are expected to use your initiative in developing your own assessment.
Grading Criteria (20%)
– Company description (4%)
Originality (non-annual report material)
Relevant matters
– Analysis (10%)
Understanding of Business
Understanding of Industry
Analytical Review/Fraud Analysis
Industry Comparisons
Attention to detail
Depth/quality of interpretation
– Conclusions and audit strategy (4%)
Supported by the analysis
Usefulness for audit planning
Identifies important audit matters
– Presentation (2%)
Executive summary
Physical layout
Ordering of material

Maximum Length: 10 double-spaced typed A4 pages


1. When should I start this assignment?
You can start any time, however to complete this task, knowledge of the audit risk model is required and that model is only first covered in Topic 6.

2. Where do students usually fail in this assessment?
It is important to recognise the grading criteria (%) and where marks are assigned. Do not provide information that is not requested above.

3. Is prior knowledge of accounting assumed?
Yes, all students should have completed some financial accounting course/s before enrolling into this course . This assignment requires knowledge of how to perform a financial statement analysis and how to interpret the results of that analysis.

Place your order now for a similar paper and have exceptional work written by our team of experts to guarantee you A Results

Why Choose US   

    6+ years experience on custom writing
    80% Return Client
    Urgent 2 Hrs Delivery
    Your Privacy Guaranteed
    Unlimited Free Revisions


How to Place an Order 

Send the assignment details such as the instructions, due date/deadline, number of pages and college level to the customer support agent online on live chat,  fill in the assignment details at place an order or send the information to our email address and a customer support agent will respond to you immediately. 

Once you place your order, we choose for you the best and competent writer for your assignment based on each writer’s competence in handling a subject. 

When the homework is completed, we have a quality assurance team that proofreads the assignment to ensure it meets the required rubric instructions from your professor.

After thorough review of your assignment, we send the paper to the client. In case you need any changes at this point, you can let us know so that we can handle it for you at no extra charge. 

Homework Help Website

Why we should write your Paper 

  1. Money Return guarantee
  2. 0% Plagiarism Rate
  3. Guaranteed Privacy
  4. Written from scratch by highly qualified writers 
  5. Communication at Any Time (24/7)
  6. Flexible Pricing and Great Discount Programs
  7. Timely Deliveries
  8. Free Amendments
Looking for a similar assignment and in urgent need for help? Place your order and have excellent work written by our team of professionals to ensure you acquire the best grades.

  We are here to assist you.


Statistics about Us

130 New Projects
235 Projects in Progress
315 Inquiries
420 Repeat clients

© 2021 Premiered Tutorials
All rights reserved. We provide online custom written papers, such as term papers, research papers, thesis papers, essays, dissertations and other custom writing services.

All papers inclusive of research material are strictly intended to be used for research and study purposes only. Premiered Tutorials does not support or condone plagiarism in any form. These custom papers should be used with proper reference.

Place an Order
error: Content is protected !!