Opening balance mismatch

manoj (student) (5205 Points)

25 September 2014  

I have a quarry regarding Audit

If we are auditing first time for client in process of audit and preparation of Audit Report we can to know there is mismatch of bank balance in last year’s closing balance sheet (which is audited by previous auditor) and in the current year’s opening balance of bank in this scenario what are the options available to us . Please guide me