When reporting on financial statements prepared using a financial reporting framework generally accepted in another country, and the financial statements are to be used both inside and outside the United States, the issuance of two different audit reports is Unacceptable because of the confusion that would result. Unacceptable under Generally Accepted Auditing Standards in the United States. Acceptable under Generally Accepted Auditing Standards in the United States. Acceptable, but only if the United States form of report does not include an emphasis-ofmatter paragraph. When reporting on financial statements prepared using a financial reporting framework generally accepted in another country, and the financial statements are to be used both inside and outside the United States, the issuance of two different audit reports is Unacceptable because of the confusion that would result. Unacceptable under Generally Accepted Auditing Standards in the United States. Acceptable under Generally Accepted Auditing Standards in the United States. Acceptable, but only if the United States form of report does not include an emphasis-ofmatter paragraph