What the most appropriate course of action would be to

Reference no: EM132782858

Problem 1: During the final review of a client's annual report, you have noted that the 'Management Commentary' section of the annual report contains information that is materially inconsistent with the audited financial report. You have asked management to address the matter and change the relevant information in the 'Management Commentary' section. They have declined and subsequently amended the financial report to be consistent with the information in the 'Management Commentary' section. If the matter is material, the most appropriate course of action would be to:

a) Issue an adverse opinion with an other matter paragraph describing the situation.
b) Issue an unmodified opinion and include the matter in the letter to the client's audit committee.
c) Issue a qualified opinion and include the matter in the basis for qualified opinion paragraph.
d) Issue an unmodified opinion with an other information section outlining the matter.

Reference no: EM132782858

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