was not sure why qualified opinion instead of unmodified opinion as the financial statements has been adjusted accordingly(error corrected with the written down receivables).
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5y ago#1Because it says "it will significantly reduce future revenue" - so this information is material to the primary users of the financial statements.
oh yes. thanks
5y ago#3You're welcome! When something looks "too easy" - it might be - but it's always worth reading a scenario again in AA just to make sure you're not missing something.
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