Question 2 : [12 Marks] XYZ Co. has the following issues: 1- recurring loss at its comprehensive income statement for the last three years. 2- A pending litigation against the company. The amount claimed by the plaintiff is $250,000. 3- The allowance for uncollected debts seems to be inappropriate. 4- The auditor discovers client's tax evasion. 5- The auditor discovers a fraudulent act committed by a senior employee of the client. Requirements: A- For each independent issue identify the auditor opinion with appropriate justification for the opinion. [you should show assumption/s you assumed that make the bases for the opinion) B- prepare Two different auditor's report from the above cases: Question 2 : (12 Marks) XYZ Co. has the following issues: 1- recurring loss at its comprehensive income statement for the last three years. 2- A pending litigation against the company. The amount claimed by the plaintiff is $250,000. 3- The allowance for uncollected debts seems to be inappropriate 4- The auditor discovers client's tax evasion. 5- The auditor discovers a fraudulent act committed by a senior employee of the client. Requirements: A- For each independent issue identify the auditor opinion with appropriate justification for the opinion. [you should show assumption/s you assumed that make the bases for the opinion) B- prepare Two different auditor's report from the above casesi