1. The problem involves understanding audit reports, their types, issuance conditions, and applying audit opinions to specific client scenarios. 2. Key components of an audit report include: the title, addressee, introductory paragraph, management's responsibility, auditor's responsibility, opinion paragraph, basis for opinion, other reporting responsibilities, and signature with date and auditor's address. 3. Types of audit reports: - Unqualified (Clean) Opinion: Issued when financial statements present fairly in all material respects. - Qualified Opinion: Issued when there is a material misstatement or limitation, but not pervasive. - Adverse Opinion: Issued when financial statements are materially and pervasively misstated. - Disclaimer of Opinion: Issued when auditor cannot obtain sufficient appropriate evidence, and the possible effects are material and pervasive. 4. Conditions to issue each report: - Unqualified: When audit evidence is sufficient and no material misstatements. - Qualified: When there is a material but not pervasive issue. - Adverse: When misstatements are material and pervasive. - Disclaimer: When insufficient evidence and effects are material and pervasive. 5. For Cyba Limited, four going concern problems are: i) Failure to pay dividends for five years indicating liquidity issues. ii) Loss of customers due to failure to meet requirements. iii) Extended credit terms affecting liquidity. iv) Net current liability position and labor disputes indicating financial distress. 6. Audit opinions for clients: - Client Alpha: Unqualified opinion with an Emphasis of Matter paragraph to highlight the environmental provision, as it is immaterial but of public interest. - Client Beta: Disclaimer of opinion due to inability to obtain sufficient appropriate evidence on inventory, which is material and pervasive. - Client Gama: Disclaimer of opinion due to inability to obtain sufficient evidence on sales revenue affecting profit, which is material and pervasive. Final answers: - Cyba Limited going concern issues: failure to pay dividends, customer loss, extended credit affecting liquidity, net current liabilities and labor disputes. - Client Alpha: Unqualified opinion with Emphasis of Matter. - Client Beta: Disclaimer of opinion. - Client Gama: Disclaimer of opinion.