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What is the appropriate type of audit opinion

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Question - Direct2U is an internet-based start-up company which made a small profit in its first year of operation. Since then there has been an economic downturn and negative feeling towards online sales as a result of several cyber security scares. The company's sales and cash position have deteriorated significantly. The auditor agrees with the client's assessment of their inability to continue operations for the next year, if they cannot access additional capital. Disclosure in the notes to the financial statements is adequate.

What is the appropriate type of audit opinion for each of the above scenarios?

Reference no: EM132037216

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