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An Entity Operates in a Highly Regulated Industry with Special

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An entity operates in a highly regulated industry with special, legislated reporting requirements, with which it has complied.However, this has resulted in it not complying with the requirements of some Australian Accounting Standards.Note 1 to the accounts states that the accounts are prepared in conformity with both the special legislated reporting requirements and the Australian Accounting Standards.What type of audit opinion should be issued?


Definitions:

Customer Service

The support and advice provided by a company to those people who buy or use its products or services.

Process Driven Organizations

Companies that prioritize systematic procedures and workflows to achieve their objectives.

Process

A series of actions or steps taken in order to achieve a particular end.

Resource Inputs

Resources or materials used in the production of goods and services.

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