Advanced Audit and Assurance Report

January 14, 2021

Consider you are an auditor and you are supposed to write an audits report in the new standards base. The report must highlight all the key audit matters and the subsequent event and the covid 19 events. At the end of the report please include note to justify why this type of report is used in brief. Please continue writing on my draft and correct if there is a mistakes in the draft. The company financial statements and all other information is added in the link.

The link is for quarter 2020 financial results. Please consider its for the whole year such an annual report. So a full report is required.

Write the audit report of this company based on ISA. You need to justify why did you choose this type of report as well.

https://ir.amd.com/news-releases/news-release-details/amd-reports-first-quarter-2020-financial-results

as I see proper statement is qualified and please note that the Cautionary statement is an important part. Please any opinion with evidence I think it have to be in KAMs and if there is no evidence in emphasis of matter.

Advanced Audit and Assurance Report Grading Rubric

Your report will be graded based on the following rubric:

Category	Unacceptable (0-1)	Needs Improvement (2-3)	Good (4)	Excellent (5)	Total Possible Points

Organization (x3)	There is no apparent organization to the report . It shows some coherence but ideas lack unity.	There is some level of organization though digressions, ambiguities, irrelevance are too many. Transition evident but not used throughout report .	Report is coherent and logically organized with transitions used between ideas and paragraphs to create coherence. Overall unity of ideas is present.	Report shows high degree of attention to logic and reasoning of points. Unity clearly leads the reader to the conclusion and stirs thought regarding the topic.	15
Content (x3)	Report lacks evidence of critical thinking. Uses superficial, simplistic, or irrelevant reasons and unjustifiable claims. Makes illogical, inconsistent inference.	Report is primarily opinion without valid support. Little critical thinking is evident. Follows existing evidence to obtain conclusions.	Ideas are logical and reasoned, but demonstrate lesser degree of originality. Follows evidence and reason lead to obtain justifiable, logical conclusion.	Writer develops logical and reasoned independent ideas that go beyond predictable outcomes or the conclusions of researched materials. Follows where evidence and reason lead in order to obtain defensible, thoughtful, logical conclusions or solutions.	15
Grammar & Mechanics(x2)	Sentences are unclear and many grammatical errors in structure make report virtually unreadable. Spelling, punctuation, capitalization, and vocabulary usage contain major flaws that impede readability.	Most spelling, punctuation, and grammar correct allowing reader to progress through report . Some errors remain.	Report has few spelling, punctuation, and grammatical errors allowing reader to follow ideas clearly. Very few fragments or run-ons.	Report is free of distracting spelling, punctuation, and grammatical errors; absent of fragments, comma splices, and run-ons.	5