(a)Suppose you are the audit manager for an audit of a medium-sized medical products retailer for the year ending 30 June 2016. A review of audit working papers shows that legislation may be introduced in the next six months, which would ban some of the key products of this audit client. The client may be forced to close down if the law is passed. However, opinions of legal experts show that there is low probability that the law will be passed. The client has properly disclosed in the notes to the financial statements issues associated with going concern in compliance with financial reporting standards.

Required:Assuming that there are no other issues that could lead to modification of the audit report, state the type of audit opinion appropriate under this situation. Explain your answer.