Tab E includes ten $(10)$ independent situations for which you must indicate the appropriate audit report type:

a$)$ Indicate the condition $($whether change in accounting principle, non$-$compliance with GAAP, none, reports involving other auditors, or scope of audit has been restricted$)$

b$)$ Indicate the type of opinion in the audit report. $($See listing below for your reference$)$

c$)$ In the comments column, describe the situation why you conclude that type of opinion, whether materiality, using an accounting method that is not GAAP, etc.

d$)$ The listings are for your reference. You can repeat if necessary or include an option that is not included.

Condition

No disclosure in financial statements.

Client imposed scope limitation

Scope limitation$,$ alternative procedure

Departure from GAAP

Change in estimate

Other auditors responsibility.

Loss contingency

Subsequent events

Accounting principles not consistently applied.

Correction of material misstatement in previously issued F$/$S$.$

Emphasis of a matter.

Uncertainties $-$ Going concern.

Type of Opinion

Unqualified $-$ standard opinion

Unqualified with emphasis paragraph

Unqualified with additional information in opinion and responsibility

Unqualified with additional related information

Qualified

Adverse

Disclaimer

$2.$ As part of its post$-$period date audit procedures, after the financial statement date, the auditor learned that a recent fire caused serious damage to one of a client's two plants. The loss will not be reimbursed by insurance. Newspapers described the event in detail. The financial statements and notes prepared by the client did not disclose the losses caused by the fire.

Condition:

Type of Opinion:

Comments:

$3.$ A customer changed its depreciation method for production equipment from straight line to a units of production method based on hours of use. The auditor does not agree with the change.

Condition:

Type of Opinion:

Comments:

$4.$ An auditor reporting on the group financial statements decides to assume responsibility for the work of a component auditor who audited a $70\%$ owned subsidiary and issued an unmodified opinion. The total assets and income of the subsidiary are $5\%$ and $8\%,$ respectively, of the total assets and income of the audited entity.

Condition:

Type of Opinion:

Comments:

$5.$ An auditor was hired after the end of the year and was unable to observe the year$-$end inventory count. You cannot apply other procedures to determine whether ending inventory and related information are reported correctly.

Condition:

Type of Opinion:

Comments: