Question: Your audit client has not written inventory down to net realisable value in accordance with approved accounting standards. The write- down would reduce current
Your audit client has not written inventory down to net realisable value in accordance with approved accounting standards. The write- down would reduce current assets by 8% and net profit before income tax by 12%. What type of auditor's report should you issue? a. An adverse opinion. O b. A qualified opinion. C. A disclaimer of opinion. d. An unmodified opinion with an Emphasis of Matter paragraph.
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