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Determine if the facts and circumstance require modification of the audit opinion .The facts and circumstance require no modification of the audit opinion .Classify the

image text in transcribed Determine if the facts and circumstance require modification of the audit opinion .The facts and circumstance require no modification of the audit opinion .Classify the misstatement as immaterial , material or highly material . If you cannotdetermine the appropriate classification , indicate the additional information neededThere is no level of misstatementExplain which audit opinion You would issue . If you have not concluded the level ofmateriality for item ? , explain the appropriate opinion for each level of materiality .I would not issue an audit opinion because every thing is fully disclosed in the footnotes .

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