Requirement From he above scenario, highlight the relevance of Audit opinion to KLM plc and on its market value of share with reference to Audit of 2019 and earlier years. (10 marks- maximum 375 to 400 words)
Scenario 2 Apex plc is in the process of downsizing the company by laying off some of its staff and selling off a part of its company. Due to this change, the company plans to reshuffle its board of directors. The company feels that it could practice better governance if the number of external members increase to seven in the board. Currently there are 5 external members as directors.
From the point of Apex plc, how would it form the new board and what would be its role and responsibility to Apex plc.
(15 marks- maximum 400 to 450 words) Page 314
Take Home FINAL EXAM — ACQUG-006)/Summer 2020
Scenario 3 You have joined as an Audit Junior in K&Y Audit firm in March 2020. During tersest Thursday meeting, the audit partner
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