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This assignment aimsto enhance students’ critical thinking skills and higher order application abilities by researching and analysing a legal case involving the litigation of an auditor/audit firm

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This assignment aimsto enhance students’ critical thinking skills and higher order application abilities
by researching and analysing a legal case involving the litigation of an auditor/audit firm. Students
will need to propose and document mitigating measures to address the risk of litigation and make
appropriate recommendations to the audit approach, in terms of the audit strategy adopted, the
audit procedures required in the audit program and other appropriate ways for the auditor to
mitigate against both professional reputational damage and financial losses.
The assignment structure must be as follows:
1. Holmes Institute Assignment Cover Sheet – Full Name, Student No., Campus, SessionNo.
2. Executive Summary
• The Executive summary should be concise and not involve too muchdetail.
• It should make commentary on the main points only and follow the sequence of thereport.
• Write the Executive Summary after the report is completed, and once you have an overview
of the whole text.
• The Executive Summary appears on the first page of the report.
3. Contents Page – This needs to show a logical listing of all the sub-headings of the report’s
contents. Note this is excluded from the total word count.
4. Introduction – A short paragraph which includes background, scope and the main points raised
in order of importance. There should be a brief conclusion statement at the end of the
Introduction.
5. Main Body Paragraphs with numbered sub-headings – Detailed information which elaborates on
the main points raised in the Introduction. Each paragraph should begin with a clear topic
sentence, then supporting sentences with facts and evidence obtained from research and finish
with a concluding sentence at the end.
6. Conclusion – A logical and coherent evaluation based on a thorough and an objective assessment
of the research performed.
7. Appendices – Include any additional explanatory information which is supplementary and/ or
graphical to help communicate the main ideas made in the report. Refer to the appendices in the
main body paragraphs, as and where appropriate. (Note this is excluded from the total wordcount.)