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For the following independent situations, assume you are the audit partner and have raised these issues with management as appropriate. (10 Marks) What audit opinion
For the following independent situations, assume you are the audit partner and have raised these issues with management as appropriate. (10 Marks) What audit opinion would you recommend (unmodified, qualified, adverse, or disclaimer)? Explain what factors have caused this recommendation.The financial controller of Best Wholesalers Ltd won't allow you to confirm accounts receivable as at 30 June to maintain good relations with customers. The value of accounts receivable is highly material in relation to Best's financial statements. You are unable to satisfy yourself as to the accounts receivable balance by alternative procedures. Recommended audit opinion and explanation
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