2018-1 ACCT7103 Auditing Case Study (40 marks = 20% of the course)
You are a senior auditor of the accounting firm TST Partners. Your audit team is currently planning the 2017 audit of EzyLife Limited, a listed company that manufactures and sells household appliances such as televisions, refrigerators and washing machines. The company has many stores in shopping centres across Australia. This is the third year your accounting firm is engaged to perform the audit for this client. The financial year under audit ends on 31st December 2017. Past audit work and initial inquiries this year have revealed the following information.