Jason Naught is the designated auditor of Leave-it-out (Pty) Ltd. The financial director of the company...
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Jason Naught is the designated auditor of Leave-it-out (Pty) Ltd. The financial director of the company asked Jason not to provide a written audit report for the current year-end audit. He would prefer an oral presentation of the opinion Jason has arrived at the next Annual General Meeting. The director believes that the shareholders will gain a better understanding of the audit report as they will be able to ask Jason questions. Should Jason Naught agree to this? Justify your answer. (5 Marks) Jason Naught is the designated auditor of Leave-it-out (Pty) Ltd. The financial director of the company asked Jason not to provide a written audit report for the current year-end audit. He would prefer an oral presentation of the opinion Jason has arrived at the next Annual General Meeting. The director believes that the shareholders will gain a better understanding of the audit report as they will be able to ask Jason questions. Should Jason Naught agree to this? Justify your answer. (5 Marks)
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Answer rating: 100% (QA)
No Jason Naught should not agree to this An oral presentation of the opinio... View the full answer
Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1260305838
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
Posted Date:
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