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The auditors' report for a nonpublic company should indicate: That the audit was made in accordance...

The auditors' report for a nonpublic company should indicate:

That the audit was made in accordance with auditing standards generally accepted in the United States of America.

Any weakness in internal control observed by the auditors.

That accounting principles have been consistently applied.

That no illegal acts have been identified.
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A) That the Audit was made in accordance with auditing standards generally accepted in the United States of America.

Auditors Report is the formal Written document that Stating that the Frim is Following the accounting Accounting Principles while preparing the financial statements and the financial statements are comply with the GAAP. Auditors Reports for the Non-Public Frim must indicate that the Firm is following the US GAAP.

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