acca f8 Qestionthe directors of Hood Enterprises have prepar

acca f8
Qestion
the directors of Hood Enterprises have prepared a cash flow forecast for submission to the bank.They have asked you as the auditor to provide a negative assurance report to this forecast .
Required:
Briefly explain the difference between positive and negative assurance,outling the advantages to the directoes of providing negative assurance on their cash flow forecast.