The auditors conclude that there is a material inconsistency in the "other Information" in an annual report to shareholders contained audited financial statements. If auditors conclude that the financial statements do not require revision, but the entity refuses to revise or eliminate the material inconsistency, the auditors may:

-Revise the auditor's report to include a separate explanatory paragraph describing the material inconsistency

-Issue an "except for" qualified opinion after discussing the matter with the client's board of directors

-Consider the matter closed since the other information is no in the audited financial statements.

-Disclaim an opinion on the financial statements after exclaiming the material inconsistency in a separate explanatory paragraph.

-Issue an adverse opinion on the entity's financial statements.