Analyze the audit opinion formulation process and suggest, Finance Basics

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Analyze the audit opinion formulation process and suggest

Question: "Unbiased Reporting" Please respond to the following:

1) Analyze the need for unbiased financial reporting. Based on your analysis, determine at least two (2) drivers that may cause financial reporting to be biased. Provide a rationale to support your response.

2) Analyze the audit opinion formulation process and suggest at least one (1) improvement to the process to strengthen audit opinions. Provide a rationale to support your suggestion.

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