J. LLLLICJ. L1 1'. LLI 11C}. The following audit report was drafted by a staff accountant of Turner E: Turner, CPI-Ls, at the completion of the audit of the financial statements of Lyon Computers, Inc. (a public company) for the year ended March 31, 2014. It was submitted to the engagement partner, who reviewed matters thoroughly and properly concluded tliat Lyon's disclosures concerning its ability to continue as a going concern for a reasonable period of time were adequate, but there is substantial doubt about Lyon being a going concern. Identify the deficiencies contained in the audit report as drafted by the staff accountant. Group the deficiencies by paragraph. Do not redraft the report. To the Board of Directors of Lyon Computers, Inc.: We have audited the accompanying balance sheet of Lyon Computers, Inc. as of March 31, 2014, and the other related financial statements for the year then ended. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with standards that require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are in conformity with generally accepted accounting principles. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management