Assignment Details and instructions.
Write a business report of your Financial Reporting and Assurance Unit Leaders analyzing the financial reporting and assurance implications of Dunelm Group Plc for the year ended 27th June 2020 compared to the previous year. For this assignment assume the role of a financial analyst.
Main Section — this should include the results of your analysis of the consolidated/group financial statements and assurance implications of Dunelm Group Plc for the year ended 27th June 2020 compared to the previous year.
1. Analysis of financial performance
2. Analysis of financial position
3. Discussion on the ways in which the company’s financial statements will change in the next financial year considering the ongoing COVID-19 pandemic and what the high-risk areas will be for audit planning purposes
4. Discussion on how the revised ISA 315 ‘Identifying and Assessing the Risk of Material Misstatement’ will impact audit planning in the future.
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