You are the auditor of LUO Ltd, a manufacturing company. For the year ended 30 June 2019, LUO disclosed in its financial statements legal revenue of $16 million. You audited the account and noted that...

question 16

Extracted text: You are the auditor of LUO Ltd, a manufacturing company. For the year ended 30 June 2019, LUO disclosed in its financial statements legal revenue of $16 million. You audited the account and noted that the money related to a court case that LUO recently won despite the fact that the other party has filed an appeal against the court decision. The appeal is scheduled to be heard in October 2019. Required: Select which form of opinion you would consider the most appropriate to use. Give reasons.