0 09:00 Tap to return to meeting 03:53 . . . ubject : . Required a- List the general forms of qualification available to auditors in drafting their report and state the Circumstances in which each is appropriate b- State whether you feel that aqualified audit report would be necessary for each of the two Circumstances outlined above, giving reasons in each Case. C_ On the assumption that you decide that a- qualified audit report is necessary with res . pect to the treatment of the revaluation. draft the section of the report describing the matter ( the whole report is not required ). d_ Outline the auditors' general responsibility with regard to the statement in the directors' report Concerning the valuation of land and buildings..0 09:00 Tap to return to meeting 03:49 . . . Subject : International Auditing standards Assignment : During the Course of your audit of the fixed assets of ABC at 31 March 2019 , two problems have arisen.. a- The Calculations of the Cast of direct labor incurred on assets in the Course of Construction by the Company's employees have be acciden tally destroyed for the early part of the year. The direct labor cost involved in $ 10, 000. b-The Company incurred development expenditure of $ 25,000 spent on a viable new product which will go into production next year and which is expected to last for to years. The direct labor cost involved is $101.00.0 c_ other relevant financial information is as follows: profit before tax $ Non- Current assets Joo, 0.00. additions 133, 00.0 Assets Constructed by Company 34, 00.0 Mon-Current asset at net book value 666, 667