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15 supermarkets have stopped their purchase with Krafty and are considering competitor's products instead. Consumers' protection lawyers are now presenting a substantial claim for damages

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15 supermarkets have stopped their purchase with Krafty and are considering competitor's products instead. Consumers' protection lawyers are now presenting a substantial claim for damages against Krafty. REQUIRED In respect of each of the events at Krafty Co mentioned above: () Describe the additional audit procedures you will carry out; (12 marks) (ii) State, with reasons, whether or not the financial statements for the year-end require amendment; and (9 marks) (iii) Discuss whether or not the audit report should be modified. (9 marks)

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