I need help!

An audit client's accountant made the following statement: It is important to read the notes to financial statements, even though they are presented in technical language and are incomprehensible. Auditors may reduce their exposure to third-party liability by stating some things in the notes that contradict completely what the client has presented in the balance sheet or income statement. Evaluate the above statement and indicate

a. Areas of agreement, if any.

b. Areas of misconception, incompleteness, or fallacious reasoning included in the statement.

PLEASE BE ORIGINAL!

DO NOT COPY AND PASTE FROM OTHER WEBSITES OR CHEGG.

THANK YOU!