Risks of Audit in Consumer Knitex Limited

Abstract

First of all, I have given an overview of Consumer Knitex Ltd in this report. I have provided their mission, core value, and strategic objective and as well their strengths, weaknesses, opportunities and threats. I have also discussed the limitation, methodology and the objective of this report. This report consists of information related with the risks of audit that Consumer Knitex Limited has faced in the process of their operations. The parent company of CKL’s name is Compagnie Mauricienne de Textile Ltée which was set up in 1986 in Mauritius. The aim and value of this company is "From where we come… to where we're going". Consumer Kitex Limited has started its operation in October 2011. It is specialized in the design and production of fast fashion jersey wear products for the finest clothing brands and fast fashion retailers. Their main product is TShirt, Polo-Shirt, Jersey-wear, women and kids wear. Completely vertically integrated from product design, textile manufacture, garment production to shipping into distribution centers. All of CKL products are mainly exported to United Kingdom, France, Hong-Kong, Singapore, USA, Spain and China. This topic will involve information on my activities and duties that were assigned to me during this temporary involvement with CKL. I have tried to provide data on all issues starting from internal review of CKL to their SWOT analysis. Lastly, after scrutinizing CKL and my internship program, I have expressed my common insights on CKL in the report as well. CKL has faith in 'Quality never vanishes' and refuses to compromise with anything until the point when it surpasses the current standard.