QUESTION 1) In order to accept employment as the company's auditor, Mr Antone, the managing director of Healey Ltd, has

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QUESTION 1)
In order to accept employment as the company's auditor, Mr Antone, the managing director of Healey Ltd, has extended an invitation to your firm. IYr Morgan, the company's sales director, holds the other 49 percent of the company's stock. Mr Antone will not rehire the current auditors when their term of office expires because he is displeased with the expense of their services.
The following tasks have been assigned to your company by Mr. Antone.
Both parties will benefit from my advice on the acquisition price for Mr Morgan's interests in Healey Ltd., which Mr Morgan expects to retire from and has agreed in principle to sell.
Advise on an ongoing basis with Antone ambitions to expand Healey Ltd's activities by acquiring other firms; this will include conducting studies and preparing reports on businesses that have been identified by Mr Antone as potential targets.
Requirements:
[Total Marks: 40 Points]