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77 Annunting firm is conducting the annual aute of a publicly traded company for the fiscal year ended December 31, Year 1. The and at
77 Annunting firm is conducting the annual aute of a publicly traded company for the fiscal year ended December 31, Year 1. The and at tlakhwork dat is Futruary 20, Year 2 The report release dato is March 1 Year 2. and a standard unmodified opinion was issued On March 25, auditors discover new information that would cause a qualified opinion on the financial statements for the year ended December 31, Year 1 Management com not take appropriate steps to inform external users How should the auditors respond to this Intermation? D Notify the regulatory authority that the auditor's report is not to be relied upon Inform media outlets that the company is not notifying external users of the change Pressure the company to inform external users about the qualified opinion Stay sientas confidentiality rules prohibit disclosing this information to third parties
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