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The Weigle CPA firm is auditing the financial statements of Good Earth Beverages. Good Earth Beverage sells bottled drinks of specialty juices to grocery stores
The Weigle CPA firm is auditing the financial statements of Good Earth Beverages. Good Earth Beverage sells bottled drinks of specialty juices to grocery stores and restaurants. The CEO of Good Earth refused to let the auditors inspect the inventory, and the auditors were not allowed to observe the physical inventory taken at year-end. The inventory account is very material to the total assets of Good Earth. What type of audit report (opinion) should be issued for Good Earth? Explain the reason(s) for your answer. Use complete sentences. (No ChatGPT or AI)
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