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Jason Naught is the designated auditor of Leave-it-out (Pty) Ltd. The financial director of the company asked Jason not to provide a written audit

 

Jason Naught is the designated auditor of Leave-it-out (Pty) Ltd. The financial director of the company asked Jason not to provide a written audit report for the current year-end audit. He would prefer an oral presentation of the opinion Jason has arrived at the next Annual General Meeting. The director believes that the shareholders will gain a better understanding of the audit report as they will be able to ask Jason questions. Should Jason Naught agree to this? Justify your answer. (5 Marks)

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