What is the appropriate action to take when the management of a nonpublic company refuses to correct
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Question:
What is the appropriate action to take when the management of a nonpublic company refuses to correct a material departure from GAAP?
-Attach a note to explain the departure's effects
-Disclose the departure in a separate paragraph
-Issue an adverse opinion
-Issue a compilation report
Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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