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When auditing Galaxy Glass Ltd (Galaxy), state the type of audit opinion that you would issue in the following independent situations. Explain your answer. (i)

When auditing Galaxy Glass Ltd (Galaxy), state the type of audit opinion that you would issue in the following independent situations. Explain your answer.

(i) If during the audit, your team concluded that the value of machines is materially overstated due to the recently developed new technologies. Management refuses your request to recognise an impairment for obsolete machines.

(ii) If during the audit, your team identified that two largest subsidiaries of Galaxy did not have proper accounting records. The audit team can not verify the accounting information provided for these two subsidiaries.

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