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Requirements a. and b. Identify which of the conditions requiring a deviation from a standard unmodified opinion audit report is applicable, if any. Then, state
Requirements a. and b. Identify which of the conditions requiring a deviation from a standard unmodified opinion audit report is applicable, if any. Then, state the level of materiality as immaterial, material, or highly material. If you cannot decide the level of materiality, state the additional information needed to make a decision. (If a box is not used in the table leave the box empty; do not select a label.) (a) (b) Additional Condition Information Needed 1. (b) Materiality Level Highly material Not applicable Highly material or material No conditions are applicable Substantial doubt about going concern No conditions are applicable Failure to follow GAAP Scope of the audit has been restricted Lack of independence Amount of loss Auditor's judgement Size of materiality Client imposed limit Material Immaterial Amount of loss Material Amount of loss Choose from any drop-down list and then click Check
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