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Describe the impact on the auditor report

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Reference no: EM133111552

Question - A few months have now passed and the audit team is performing the audit fieldwork including the audit procedures which you recommended over the redundancy provision. The team has calculated that the necessary provision should amount to RM305,000.00. The finance director is not willing to adjust the draft financial statements. Discuss the issue and describe the impact on the auditor's report, if any, should this issue remain unresolved.

Reference no: EM133111552

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