You are a senior auditor with Mason and Associates Pty Ltd. Your audit partner,
Amanda, has approached you to undertake an independent review of the
preliminary risk assessment for one of the companyâ€™s clients, My Essential Care
My Essential Care Limited Group, which includes four entities, has been operating
for ten years. The group produces organic personal care products, including a
skincare range and personal grooming products for both men and women, using
primarily an Australian sourced essential oils. However, they also import oils from
several overseas sources. The group has also expanded through the acquisition of
several smaller manufacturers over the past five years, and now supply over 1,000
health food stores and hairdressing salons through-out Australia and New Zealand.
The group also sells their products to major department stores, as well as
maintaining an online presence.