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Please write the question number before answering. and if you can draw a table to understand the solution, please 1 ) Giving appropriate reasons, state

Please write the question number before answering. and if you can draw a table to understand the solution, please

1)Giving appropriate reasons, state the type of opinion an auditor should express in the following cases:

The auditor of Marvel LLC has conducted audit for the financial year ending 31 December 2020. During his audit he found that the accounting policies of Marvel LLC are not similar to other businesses. He enquired the management for the reasons and satisfied with that these reasons are genuine and appropriate for the entity. He did not find any other misstatements in the financial statements.

_________

2) image text in transcribed
B. Collect any ONE Auditor's Report of a Company belonging to Industrial Sector and complete the following table. 3. State appropriate audit procedure for the following. Problem Type of Test Name of the Test (Test of Control/Substantive) 1. To verify whether issue of material from stores are made according to the procedure laid down in the manual 2. To test whether the total amount of Accounts receivables shown in the balance sheet is true. 3. To check whether payment of salaries and deductions are made according the Employment agreements

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