This presentation analyzes the external audit report of a company. It includes an incremental analysis of the income statement and balance sheet from 2014 to 2013. The gross profit and net profit ratios remained the same from 2013 to 2014. Inventory levels decreased slightly. Accounts receivable and trade payable turnover days also saw minor changes. The overall risk analysis found no major risks, as all key financial metrics saw minimal changes between the two years.