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Storyboard Text

  • There is a material misstatement.
  • We should have a meeting with Mia to discuss this situation.
  • Will Mia correct this error?
  • 22
  • Mia, I am sorry that due to the impact of COVID-19, my team and I cannot go to your company for a meeting.
  • It's okay, I understand your difficulty.
  • 23
  • Mia, do you agree to correct the errors in the inventory account?
  • I agree to the modification, and I will give you the new result after the modification.
  • 24
  • The auditor team discussed and concluded that due to errors in the inventory account, a material misstatement would be generated. This result needs to be reflected with the management of G Food Co., Ltd.
  • There is no problem with the inventory account.
  • Due to the impact of COVID-19, the two parties decided not to use face-to-face meetings, and chose to hold meetings through zoom meeting.
  • The error of the inventory account has been corrected. The audit opinion will be an unqualified opinion.
  • Since material misstatements were found in the audit process, the audit team had a meeting with the company's management and required the manager to correct the errors in the inventory account.
  • The End Thanks for watching
  • The auditor team received the revised annual report from G Food Co., Ltd, and the inventory account no longer has problems. This account is fairly stated.
  • We can give an audit opinion.
  • We received a new annual report.
  • 25
  • The auditor team finally gave an unqualified opinion on the audit report.
  • 26
  • The EndThanks for watching
  • 27
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