received a copy of the audited (and unqualified) financial report for Delicate Pty Ltd, you don't believe that this nancial report is suitable for consolidation with the other entities in the group. This is because Delicate Pty Ltd operates in country T, Whid'l has a vastly different accounting framework from that used in Australia. You have been able to quantify the financial effects of the required adjustments on the Strong Ltd Group's financial report. However, management has refused to make these adjustments, and instead has consolidated the existing versions of the four entities' nancial reports. {b} Bowen mines Pty Ltd operates a small goldmine, run as a family business. The board consists of Mr Bowen and his sister, Ms Bowen, who are also the principal shareholders. During the final audit meeting, Ms Bowen discloses the following. (1] She tells you: 'I reckon the vein we're currently mining will last 13 months at most, 14 months at the least. After the fold's extracted we're shutting up shop. We'll let the licence expire and retire to the coast.' (ii) She then shows you an independent surveyor's report backing up her assertion regarding the amount of gold remaining in the vein. The financial report does not disclose this information. {c) PM Trust is a reporting entity. The finance director of PM Trusts refuses to adopt MSB 124 Related Party Disclosures on the grounds that it 'requires confidential information to be disclosed to the public that should remain known only to the parties concerned'. You are satisfied that the current financial report is materially correct in all other respects. Required: (A) Describe the effect of materiality on audit qualication. (B) Under what circumstances may limitation of scope of the auditor's work arise? (C) Distinguish between the circumstances under whidi an emphasis an Emphasis of Matter and an Other Matter Paragraph might be issued. (D) For each of the above independent situations, identify the type of auditor's report that should be issued. Provide reasons for your decisions