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Forage_EY_Task_Completed

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179 views

Forage_EY_Task_Completed

Uploaded by

jatink78911
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Forage EY Task - Completed

News Source: Daily Times


Topic: Increasing use of food delivery apps

Relevant to audit: Yes

Industry/Market Trends Indicated:

- Technological

- Social

Accounts Potentially Impacted:

- Revenue

- Cost of sales

- IT costs

News Source: Financial Daily


Topic: Inflation impacting people's discretionary spending

Relevant to audit: Yes

Industry/Market Trends Indicated:

- Economic

- Social

Accounts Potentially Impacted:

- Revenue

- Cost of sales

- Inventory

News Source: Finance Journal


Topic: Pub closures in England at record high

Relevant to audit: No

Industry/Market Trends Indicated:

Accounts Potentially Impacted:


News Source: Journal News
Topic: Increasing price of food due to global events

Relevant to audit: Yes

Industry/Market Trends Indicated:

- Economic

- Environmental

Accounts Potentially Impacted:

- Cost of sales

- Inventory

News Source: European Finance News


Topic: Increasing minimum wage in Europe

Relevant to audit: Yes

Industry/Market Trends Indicated:

- Economic

- Regulatory

Accounts Potentially Impacted:

- Cost of sales

- IT costs

News Source: Ohio Times


Topic: Independent restaurant wins local award outside FoodCo's region

Relevant to audit: No

Industry/Market Trends Indicated:

Accounts Potentially Impacted:

News Source: Sustainability Today


Topic: Focus on 'food miles' and local sourcing

Relevant to audit: Yes

Industry/Market Trends Indicated:


- Environmental

- Social

Accounts Potentially Impacted:

- Cost of sales

- Inventory

News Source: Farmers Bulletin


Topic: Food crop issue with tomatoes in Country A

Relevant to audit: Yes

Industry/Market Trends Indicated:

- Environmental

- Economic

Accounts Potentially Impacted:

- Cost of sales

- Inventory

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