Question: 1. Why must auditors issue a report when they are associated with financial statements? What guidelines are provided for situations in which auditors lack independence

1. Why must auditors issue a report when they are associated with financial statements? What guidelines are provided for situations in which auditors lack independence with respect to the client? 2. List the four types of Auditor's reports and briefly describe each. 3. There are 8 elements in the standard auditor's report. List each and briefly describe each

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