Question
Investor of Ibra Oil SOAG lost their invested money when they did investment based on audit report given by N & N Audit Firm Muscat.
Investor of Ibra Oil SOAG lost their invested money when they did investment based on audit report given by N & N Audit Firm Muscat. Mr. Nawaz and Mr. Nasser are partner, they did the audit for Ibra Oil SOAG. During audit firm Mr. Nawaz had to go to meet other client so Mr. Nasser continue the audit work of Ibra Oil SOAG. The audited balance sheet and actual asset and liabilities were not matching. Information about profit was also not matching with Income Statement. To avoid this investment money loss, suggest any five qualities required by Mr. Nawaz and Mr. Nasser as the partner of N & N Audit Firm, Muscat Oman
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