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Auditing And Assurance Services Assignment | Homework For You

Author:
November 7th, 2019

Cochlear Limited Annual Report 2019

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“For close to 40 years, Cochlear has been the global leader in implantable hearing solutions. Cochlear commenced operations in 1981 as part of the Nucleus group and in 1995, listed on the Australian Securities Exchange. Today, Cochlear is a Top 50 listed Australian company with a market capitalization of over A$10 billion.”

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(Financial report 2019, p. 6)

PART 1

You are an auditor assigned to the audit of Cochlear Limited (Cochlear) for the financial year ending 30 June 2019. The manager on the engagement has requested that you complete the following audit planning workpapers.

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Question:

Assessment of control environment

Assess the likelihood of the potential reliance that could be placed on the overall control environment. Justify your decision with specific reference to Cochlear’s corporate governance arrangements. Get Accounting homework help today

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