As a result of newly discovered facts, a CPA has concluded that action should be taken to prevent future reliance on the report. The CPA should:

Select one:

a.Advise the client to make appropriate disclosure of the facts and their impact on the financial statements to persons who are known to be currently relying or who are likely to rely on the financial statements and the related auditor's report.

b.Recall the financial statements and issue revised statements and include an appropriate opinion.

c.Advise the client and others not to rely on the financial statements and make appropriate disclosure of the correction in the statements of a subsequent period.

d.Recall the financial statements and issue a disclaimer of opinion that should usually be followed by revised statements and a qualified opinion.