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Question: describe the reporting options when there is a material problem...

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Describe the reporting options when there is a material problem identified in the financial statements (i.e., they are not in conformity with GAAP). Also describe the reporting options when there is a material problem with the audit (i.e., in some way, the auditor could not follow GAAS). Include in your answer both the type of opinion and which paragraphs would be affected.

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