Describe the reporting options when there is a material problem identified in the financial statements (i.e., they are not in conformity with GAAP). Also describe the reporting options when there is a material problem with the audit (i.e., in some way, the auditor could not follow GAAS). Include in your answer both the type of opinion and which paragraphs would be affected. Please send also the references used
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Describe the reporting options when there is a material problem…
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