As auditor, you have been discussing your client's Provision for doubtful debts as you believe the balance does not adequately provide for a large debtor over which concerns have been expressed as to their ability to pay. Your client is adamant they will reach an agreement for payment with the debtor, however you have doubts as to whether this will occur. 

Required: In light of this, the most appropriate audit report you should issue?

Answer rating: 100% (QA)

Given the situation where concerns exist regarding the ability of a large debtor to pay an... View the full answer