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The auditor identified conditions and events affecting the audit client's ability to continue in business

Accounting Nov 09, 2020

The auditor identified conditions and events affecting the audit client's ability to continue in business.

a. Describe a set circumstances in which the auditor would not modify the audit report.

b. Describe a set of circumstance in which the auditor would modify the audit report.

c. Describe how the audit report would be modified under item 5.b., above, and provide some example wording on what the modification would look like.

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