Instructions: Identify the appropriate professional standard and paragraph number for the following situations. Situation zero is an example. Each of the ten graded situations is worth 4 points for a total of 40 points. Situation 6: Auditing standards discuss the auditor's responsibilities when, subsequent to the audit report release date, the auditor becomes aware that one or more auditing procedures that the auditor considered necessary in the circumstances existing at the time of the audit were omitted from the audit of the financial statements. Identify the appropriate standard and paragraph number that if, subsequent to the report release date, the auditor of a non-public company becomes aware of an omitted procedure, the auditor should assess the effect of the omitted procedure on the auditor's present ability to support the previously expressed opinion on the financial statements. Standard: ? Paragraph: ? Situation 7: The auditor of a non-public company should express an adverse opinion when the auditor, having obtained sufficient appropriate audit evidence, concludes that misstatements, individually or in the aggregate, are both material and pervasive to the financial statements. Identify the appropriate standard and paragraph number. Standard: ? Paragraph: ? Situation 8: The AICPA auditing standards address the auditor's responsibilities relating to other information, whether financial or nonfinancial information (other than financial statements and the auditor's report thereon), included in an entity's annual report. Identify the appropriate standard and paragraph number that requires the auditor to read and consider the other information because other information may undermine the credibility of the financial statements and the auditor's report thereon. Standard: Paragraph: ? Situation 9: Accepting a gift from an attest client during the period of the professional engagement impairs independence if the value of the gift to the recipient is not clearly insignificant. Identify the appropriate section and paragraph number(s) from the AICPA Code of Professional Conduct. Code Section: Paragraph(s): ? Situation 10: Failure of an AICPA member to use the CPA designation in a manner allowed by the issuing state board of accountancy is an act discreditable to the profession. Identify the appropriate section and paragraph number(s) from the Code of Professional Conduct. Code Section: Paragraph(s)