Question: You are auditing Deep Clean Services for the first time. Deep Clean has been in business for several years but over the last two years
You are auditing Deep Clean Services for the first time. Deep Clean has been in business for several years but over the last two years has struggled to stay afloat given the economic conditions. Based on your audit work, you have substantial doubt that Deep Clean will be in business by the end of its next fiscal year.First. Identify which of the conditions requiring a modification of or a deviation from an unqualified standard report is applicable: Second, suppose this issue is material but not highly material, state the type of audit report that should be issued:
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