Orange & Field Inc. (Orange Field) is a local audit firm based in WINDHOEK. Orange Field's client portfolio mainly consists of medium-size private companies. Orange Field recently accepted the appointment as the external auditors of Max Sound Systems Ltd for the financial year ended 30 April 2019. MAX is listed on the NAMIBIA Stock Exchange (NSX). The company is situated in WINDHOEK but does business throughout NAMIBIA. Their main income-generating activities are the import, distribution and leasing of commercial sound and audio equipment. MAX has had a profitable financial history. However, its sales have been under pressure from cheaper, low quality equipment being sold by its competitors. This is concerning for management as their bonuses for the year are based on the financial results after the annual audit has been completed. A big source of MAX's annual income is from big artists who lease their audio equipment for the purposes of events and performances all over the country. They have a good business relationship with many of the big-name artists in the country, including Sally and Otewa. You are the senior trainee and AIC (Auditor-In-Charge, an internal name that Orange Field uses to identify the Lead Trainee) on the audit engagement of MAX. A file with