A small CPA firm provides audit services to a large local company. Almost eighty percent...
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A small CPA firm provides audit services to a large local company. Almost eighty percent of the CPA firm's revenues come from this dient. Which statement is most likely to be true? Select one: O a. The auditor should provide an emphasis of a matter paragraph to his/her audit report adequately disclosing this information and then it may issue an unqualified opinion. O b. The situation is satisfactory if the auditor exercises due skeptical negative assurance care in the audit O c. Appearance of independence may be lacking, O d. The small CPA firm does not have the proficiency to perform a larger audit
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