Question 1 [14Marks] For each of the following independent cases identify: -Key audit matters (Auditor's main Concerns). -Effects on the auditor's procedures, & Auditor's appropriate responses. -Effects on the auditor's opinion. You are expected to make appropriate: I assumptions, explanations & Justifications 1-Due to Covid 19 Circumstances, the client "Auditee" suffer from a major decline on sales for the current year. 2- The balance of Accounts Receivable for current year is substantially higher than the balance of previous years. 3- The auditor discovers client's tax evasion. 4-The auditor was not able to confirm the balance of a major vendor of the client due to judicial dispute between the client and the vendor. 5-A fraudulent act was committed by an employee of the client. 6- The Client's Internal Control is ineffective. 7- Management refused to write down the ending inventory as asked by the auditor. Question 1 [14Marks) For each of the following independent cases identify: -Key audit matters (Auditor's main Concerns). - Effects on the auditor's procedures, & Auditor's appropriate responses. Effects on the auditor's opinion. I You are expected to make appropriate: assumptions, explanations & Justifications 1-Due to Covid 19 Circumstances, the client "Auditee" Suffer from a major decline on sales for the current year. 2-The balance of Accounts Receivable for current year is substantially higher than the balance of previous years. 3- The auditor discovers client's tax evasion. 4-The auditor was not able to confirm the balance of a major vendor of the client due to judicial dispute between the client and the vendor. 5-A fraudulent act was committed by an employee of the dient. 6- The Client's Internal Control is ineffective. 7- Management refused to write down the ending inventory as asked by the auditor