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Which of the following actions are auditors likely to take when they conclude that prior years' financial statements are materially misstated? Group of answer choices
Which of the following actions are auditors likely to take when they conclude that prior years' financial statements are materially misstated? Group of answer choices Require the management to reissue the corrected financial statements and reissue the audit opinion Require the management to issue corrected prior financial statements the next time comparative financial statements are issued Require the management to correct the error in the current year's financial statements Require the management to make a disclosure and issue pro-forma financial statements showing correct amounts
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