Bkaa2013

CLASS ASSIGNMENT BKAA2013 – AUDIT AND ASSURANCE 1

This assignment is designed to get students to familiarize themselves with the annual report and its content. In addition, students should be able to read, analyze and use the information in the annual report to understand the responsibility of external auditors and management in the audit of financial statements. They should also be able to name and understand the functions of the relevant regulators, authorities and professional bodies in the Malaysian auditing environment and see for themselves, an example of types of audit reports in accordance to the different circumstances. At the end of the assignment, students are expected to use all the information gathered for some decision-making expected of them.

1. The 15% marks on this project will contribute to the total 40% marks carried to the final exam.

2. As such, students are expected to treat this project seriously and produce an excellent project paper.

3. For a start, please make an effort to browse through any local newspaper, look for the Business Section where Malaysian public-listed companies are listed under the Malaysian Bourse according to the industries they are in. (Eg: Plantation, Construction, Trading, Industrial Product, Consumer etc). Pick any one of them. Avoid duplication with any other students.

4. Submit the name of the company chosen to your class lecturer by the end of the first week. This is to avoid redundancy among students.

5. Next, browse through the internet. Use the internet search to obtain or access information regarding the chosen company. Print or save a copy of the latest annual report provided by the company via its website. Any student that make an attempt to personally obtained or via postal/mail obtained, the original (hardcopy) annual report of the company will have additional bonus marks awarded to him/her.

6. When submitting the project, students need to also attach...