Graded Group Presentation (Weight 20%) (Oral presentation and written) QUESTION When an Auditor concludes that the financial statements of a company give a true and fair view, in accordance with the identified financial reporting framework, then he should express an unqualified opinion in his Auditors Report on those financial statements. REQUIRED: (a) Describe the circumstances in which EACH of the following should be expressed in an Auditors Report. (i) Qualified opinion; (ii) Disclaimer of opinion; (iii) Adverse opinion. (9 marks) (b) Auditors often use analytical procedures as substantive procedures to reduce detection risk relating to specific financial statement assertions. Explain FOUR (4) factors that determine the