A. Explain why auditors' reports are important to users of financial statements and why it is desirable to have standard wording b. List the eight parts of a standard unqualified audit report for a nonpublic entity and explain the meaning of each part. How do the parts compare with those found in a qualified report? c. List the three conditions that require a departure from an unqualified opinion and give one specific example of each of those conditions d. Discuss why the adoption of international accounting and auditing standards might be beneficial to investors and auditors