auditing-please help

Curcumstances through 8 represent situations that might occur during the conduct of an audit. The accompanying chann provides a list of possible types of audit reports, and a reply as to whether a separate explanatory paragraph man added to the appropriate audit report. Required: For each of the circumstances listed below, fill in the appropriate space to indicate the type of audit report that would be appropriate and answer whether an explanatory paragraph would be added to the audit report. Assume that the audio independent and has previously expressed an unqualified opinion on the prior year's financial statements. Assume acco that only single-year (not comparative statements are presented for the current year, that no other relevant circum- Stances exist, and that the auditor will not choose the optional emphasis of a matter treatment allowed in the profes- sional standards. Type of Audit Report Separate Explanatory Paragraph Required? Circumstance 1. The auditor decides to make reference to the report of an- other auditor as a basis, in part, for expressing an opinion. 2. The financial statements contain a departure from gener- ally accepted accounting principles, the effect of which is material 3. The financial statements contain a change in estimated life of fixed assets which the auditors believe is reasonable. 4. A financial statement note describes a probable material loss, for which it is impossible to make a reasonable esti- mate as to amount; no adjusting journal entry has been posted. 5. The financial statements contain a change from accelerated depreciation to straight line depreciation with which the auditors Concur. 6. The auditors have determined that substantial doubt exists concerning a client's ability to continue as a going concer; the matter is appropriately described in the notes to the fi- nancial statements. 7. Supplementary information required by the FASB has been omitted from the financial statements. 8. Subsequent to completion of field-work, but prior to is- suance of the audit report, a major fire results in loss of in- ventories; the client has added a note to the financial statements describing the fire the company remains in solid financial condition)