For the following independent and material circumstances, identify the type of audit opinion required and explain the basis of your answer.

While auditing your client Just Rights Pty Ltd, you have concerns about the uncertainty surrounding the continued financial stability of the entity as the financial statements have been formulated under the assumption of a 'going concern.' The management has taken measures to address the risk of potential failure, and these steps have been documented in the accompanying notes to the financial statements. However, you hold the view that these actions may not be adequate to prevent the entity from immediate financial distress.

give audit opinion and reason