Based on auditing and assurance services chapter (Audit Reports)

Explain the following table in-depth.

Table Audit Report for Each Condition Requiring a Departure from a Standard Unmodified Opinion Report at Different Level of Materiality Level of Materiality Condition Requiring an Unmodified Opinion Report With Nonstandard Wording or Explanatory Paragraph Immaterial Material Accounting principles not consistently applied Standard unmodified opinion Unmodified opinion with explanatory paragraph Justified departure from GAAP or other accounting Standard unmodified opinion Unmodified opinion with explanatory paragraph principle Substantial doubt about going concern! Standard unmodified opinion Unmodified opinion with explanatory paragraph Emphasis of other matters Standard unmodified opinion Unmodified opinion with explanatory paragraph Use of another auditor Standard unmodified opinion Unmodified opinion with revised wording in other report paragraphs Level of Materiality Material, But Not Pervasive So Material That Condition Requiring a Departure From to the Financial Statements Overall Fairness Is in Unmodified Opinion Audit Report Immaterial as a Whole Question Scope restricted by client or other conditions Standard unmodified opinion Qualified opinion (except for) Disclaimer of opinion Financial statements not prepared in accordance with Standard unmodified opinion Qualified opinion (except for) Adverse opinion GAAP Auditor is not independent Disclaimer, regardless of materiality * If the auditor does not concur with the appropriateness of the change, the condition is considered a violation of GAAP. The auditor has the option of issuing a disclaimer of opinion. If the auditor can demonstrate that GAAP would be misleading, an unmodified opinion audit report with an explanatory paragraph is appropriate