Auditing- report of the real good food Assignment

Auditing- report of the real beneficial food - Assignment ExampleReal Good viands PLC is a heavily diversified association that manufactures and distributes a variety of products like sugar, baking ingredients, dairy products, jam and sweet bakery products (Real Good nutrition PLC 2015). As it stands, the company owns the largest sugar distribution network in the United Kingdom. Real Good Food plc participates in various market sectors such as the wholesale, retail, manufacturing, food service and export. The companys fruit and distribution activities are operated under six business divisions (Napier Brown, Real Good Food Europe, Renshaw, Garrett Ingredients, R&W Scott and Hayden Bakery) that supplies products to a greater part of the Eurozone (Annual Report Real Good Food PLC 2014, pp. 1-3).The consumption of sugar global has increased by more than 20% in the last ten years translating to an increase from nearly 140 million tonnes to 170 million tonnes currently consumed on an annual basis. The Eurozone consumption statistics show consumption rate of 16.5 million tonnes. The increase in sugar consumption rate presents a growth chance for Real Good Food PLC. However, it is feared that some major political factors may create a good situation for the exploitation of the opportunity. The whole world is getting sensitized to the health effects of sugar. Most nations, specifically in the west, seek to implement trade policies and health regulations that will set the standard of sugar limit in the manufactured products (Annual Report Real Good Food PLC 2014, pp. 10).In addition, the production is affected by adverse weather conditions that have seen the global sugar production rate reduce. The prices of sugar are on the rise due to the reduction in the supply but increased demand. The economic performance, as metrical by the market capitalization, of the sugar producing companies has declined due to the decrease in the stock prices. Fortunately, the