Carry out an analytical review on the financial statements of these companies in the planning phase and identify areas of concern (high risk or problem areas) or comfort. Justify your answer.What audit Research Paper

Carry out an analytical review on the financial statements of these companies in the planning phase and identify areas of concern (high risk or problem areas) or comfort. Justify your answer.What audit procedures and/or tasks would you have planned to carry out in response to the high risks or problem areas identified by you above? Alternatively, in relation to which area would you have minimised your evidence gathering procedure?An Independent Auditors Report to the Members has been issued for each company:(a) Identify the type of audit opinion issued by each auditor, and justify your answer.(b) Do you agree with the type of opinion issued by the auditor? Why or why not? Pleaseindicate an alternative audit opinion if you do not agree with the one issued.(c) Are there any other matters or events that have taken place after the issue of the audit report that strengthens or weakens the auditors opinion?

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