Assignment 2 1. Independent Auditor's Report As an output of financial auditor's work on client financial statement, auditor provides independent auditor's report to complete audit engagement with client. When auditing this client, you found that there is a material misstatement in client non-current asset that not adjusted by client. Client refused to make restatement even the auditor has propose revision with appropriate evidence and supporting working paper. Another issue is that this client has a history of suffer material losses for some years to present. That loss impact on client unable to paid the debt. The debt now is going to due date, this condition made client liquidity ratio is fall far under standard score 1. Question: a. Explain why you need to provide explanatory paragraph your independent auditor's report? b. In which section you will provide your explanatory paragraph: Before the opinion paragraph, after the opinion paragraph or both? Explain your reason