4.1 prepare a draft audit reporte You have been asked by your manager to look at the following situations. Your manager has asked you to make sure the opinions suggested by other colleagues are correct. The manager is very busy and hopes you can help with this. Situation Opinion given Agree / Disagree If you disagree, alternative opinion. 1. The auditors Due to a material have found a misstatement in the few mistakes in financial an account. The statements. We mistakes total express a qualified 1 000. opinion. Except for The total of that the matter account is 10 discussed, the 000 000. There financial are no other statements give a errors in the true and fair view. Financial statements. 2. The auditors Due to an inability were not able to gather sufficient to talk to one of audit evidence in the employees the matter who was away described above, during the we express a audit. He has qualified opinion. been sick for a The financial long time. The statements except auditors were for the matter able to gather discussed above are evidence from presented fairly in other all material employees and respects. from other sources. 3. The auditors were not able to find evidence because there had been a heavy storm which had damaged the building in which the servers and other computer equipment were kept. The company does not have any paper records. Due to the materiality and pervasiveness of the matter discussed above, we express an adverse opinion on the financial statements of the company