Question
There is a high chance that our audit work will be disturbed by protesters who will at any moment occupy the two MapleXs farms located
There is a high chance that our audit work will be disturbed by protesters who will at any moment occupy the two MapleXs farms located on the lands claimed by the Mtis indigenous peoples of Canada. Due to serious safety concerns associated with the protesters, I dont want anyone from our firm going to these two farms. This means that we will not be able to physically inspect and count of the maple trees at the two occupied farms. In addition, I have a feeling that the AFDA set by the bookkeeper could be materially misstated and therefore the A/R balance presented on MapleXs financial statements would be incorrect. In a separate memo, please discuss and explain, how each of these two situations (on its own separately), would impact the type of audit report and the opinion that our firm would issue. Also, please explain what specific changes I would need to make to the auditors report and show an example of how the wording in the report would be changed for each situation. Remember, to treat each situation separately.
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