Hi! I believe our partner contacted you previously. We are the auditing team in charge of Big W this year. Due to COVID-19, we will be doing most of the audit online and only go to the site when required.
Hi! Okay! Is there anything we need to prepare?
We need you to provide us with full electronic disclosure on financial documents disclosure and sales transactions if possible. Else we will need to organise a day or two to go onsite.
There are liquidity/cash flow concerns as the company might be committing revenue fraud and we have started to look into financing arrangements too, and noticed loan deferrals from earlier in the financial year.
Ok..These issues seem to be more significant than i first thought, lets then look into this further and perform our testing to collect evidence if any regarding all the issues we have discussed today.