During the audit, the auditor may discover deficiencies in the client$$s system of internal

control. Some of these deficiencies may be considered significant deficiencies or material

weaknesses as defined by auditing standards. Describe significant deficiencies and material

weaknesses and the auditor$$s responsibility for communicating them to the client. Do you

consider any of the weaknesses in Oceanview$$s controls over acquisitions to be significant

deficiencies or material weaknesses?