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Described below are situations which have arisen in independent external audit clients: (i) Entity A is subject to a going-concern uncertainty and has properly disclosed

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Described below are situations which have arisen in independent external audit clients: (i) Entity A is subject to a going-concern uncertainty and has properly disclosed this uncertainty in its financial statements. (ii) Entity B has changed from an accounting principle in conformity with generally accepted accounting principles (GAAP) to an accounting principle not in conformity with GAAP. (iii) The auditors encounter a material but not pervasive scope limitation that has not been imposed by client C. (iv) Entity D's financial statements are presented in conformity with GAAP. (v) Entity E has changed from one accounting principle in conformity with GAAP to another principle in conformity with GAAP. This change has been reported by properly restating prior financial statements. (vi) After accepting the engagement, the auditors determine that they are not independent from client F. (vii) The entity G's financial statements contain a material and pervasive departure from GAAP. Required: For each situation, indicate all the possible type(s) of audit report. Assume any amount in the circumstances above is material on an overall basis (but not pervasive) unless otherwise stated. State your assumption(s). (20 marks)

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