requirment 2

GROUPS 8,11 Your Firm's Name is K-Town CPAS Scenario You team is auditing the financials of Life Co., a publicly listed firm that works in the agriculture industry, for the period ending December 31, 2017. Life Co. has assets that consists of 15% of the company's total assets in Lebanon. Accordingly, Fairoz CPAS (a Lebanese audit firm that you haven't worked before) were engaged to audit your client's farms abroad. You have asked Fairoz CPAs to provide you with the results of their audit along with the evidence and necessary documentation for you to review their audit work. Assume that they only provided you with the results and refused to share any evidence and or audit engagement information with you. Requirement: You are required to issue the proper audit report for the above situation