B. For each of the following independent scenario, discuss the issue and describe the impact on the audit report: ii. During the audit, your team has identified an error in the valuation of work in progress, as a number of the assumptions contain out of date information. The directors of Amar Syawal Bhd. have indicated that they do not wish to amend the financial statements.

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Q: Which among the following is the most important limitation of an audit, which result in most of the…

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Reasons for Estate Planning

Planning is a process that helps decide in advance about future activities and operations. Planning helps to draft the procedures by identifying, analyzing, and designing how to work, when to work, by whom should be done, and what has to be done. It is the primary step followed by a person, business organizations, institutions, companies, etc.