Question1: [20 Marks]: Requirements: prepare Three different auditor's reports with following conditions: i. your name assigned at the end of the report. ii. you should show numbers in your reports. iii. Following Items should be presented in your Reports, (at least one time): 1-Key Audit Matters. [issue1] 2- an emphasis of matter paragraph. [issue2] 3- Two Scenarios of going concern issue. [issue3&4] 4-Reports should be with different opinion types. [issue5&6&7] Suggested/Optional Issues for the reports: Recurring losses at comprehensive income statement for the last three years; Pending litigation against the company; Solvency issue. Important Notes: 1-Your Marks will be based on: a. Appropriate Assumptions, Justifications, & Conclusions. [1 Mark each] b. Consistency of the answers' assumption, justification, & conclusions. [.5 Mark each] c. Sufficiency of Answers. [1 Mark each] d. Tidily & Clarity of Answers. [2.5 Mark] II- You are expected to send a draft of answer before the final answer & ask your instructor about ambiguity points. III- There is more than one correct answer for each question, so ask, discuss, & show your own efforts. Shopping for ready answers is not welcomed & is in Contradiction with Main Learning Goals of the course