Qualified Opinion: 1. Long term loan, note # 14, discloses a balance of Tk. 235,216,094 against bank loan. But outstanding balance as of 30 June 2019 stands at Tk. 254,056,979 as per loan statements made available to us. The difference of Tk. 18,840,885 has not been recognised as liability in the financial statements. As such, profit for the year has been overstated and conversely, loan liability has been understated to that extent. (cont.1)