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When a company's financial statements include a material departure from GAAP - your answer should be provided with a separate paragraph for each response for
When a company's financial statements include a material departure from GAAP - your answer should be provided with a separate paragraph for each response for a, b, c and d : a. Provide an example of a departure from GAAP b. Describe what the basis of the auditor's decision would be in deciding whether to issue a qualified or adverse audit opinion for a departure from GAAP c. Describe the changes that would be made to the audit opinion wording if a qualified audit opinion is issued for a departure from GAAP - you do not need to include the specific opinion wording (word) changes - you only need to describe what the changes would be. d. Describe the changes that would be made to the audit opinion wording if an adverse audit opinion is issued for a departure from GAAP - you do not need to include the specific opinion wording (word) changes - you only need to describe what the changes would be. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
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