Explain the circumstances that result in departure from the


(a) Explain the circumstances that result in departure from the auditor’s standard report – and explain how the financial statement audit report would be modified.

(b) Explain the purpose and key features of reports on internal controls. Go to a publicly traded company of your choice and discuss the report on internal controls reported by the company you selected. Be sure to cite the source of your company’s report on internal controls.

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Financial Management: Explain the circumstances that result in departure from the
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