The auditor of the The Dacca Dyeing & Manufacturing Co.Ltd. has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 30 June 2020. Qualified Opinion: 1. A fixed asset register is not maintained for property, plant and equipment. 2. Revaluation of fixed assets was done in 2010 but as per IAS-16, the frequency of revaluation depends upon the changes in fair values of items of property, plant & equipment being revalued. (cont.1)