Watt, CPA, concludes that, while ABC Co$.$ has properly accounted for and disclosed certain significant related party transactions, an emphasis$-$of$-$matter paragraph calling attention to these transactions should be added after Watt's opinion paragraph in the audit report. What should be included in the emphasis$-$of$-$matter paragraph?

Option A

A clear reference to the transactions and an indication that Watt's audit opinion is not modified in light of these transactions.

Option B

A detailed description of the transactions, a clear reference to the transactions, and an indication that Watt's audit opinion is not modified in light of these transactions.

Option C

A detailed description of the transactions and a clear reference to the transactions.

Option D

A detailed description of the transactions.