For the following
independent situations, assume you are the audit partner on the
engagement. For each situation, using the framework for reporting
decisions, decide what type of auditor’s report should be issued
and provide your rationale. If your decision depends on additional
information, state the alternative reports you are considering and
the additional information you need to make the decision.
During your
examination of Debold Batteries Ltd., you conclude there is a
possibility that inventory is materially overstated. The client...