On March 15,2018,Kent,CPA,issued an unqualified opinion on a client's audited financial statements for the year ended December 31,2017.On May 4,2018,Kent's internal inspection program disclosed that engagement personnel failed to observe the client's physical inventory.Omission of this procedure impairs Kent's present ability to support the unqualified opinion.If the stockholders are currently relying on the opinion,Kent should first

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The auditor should undertake alternative procedures to provide a satisfactory basis for the opinion. If alternative procedures cannot be performed or are not sufficient, the auditor should withdraw the opinion, inform the client's management and those charged with governance, and consider whether other parties need to be notified. The auditor should not compensate for the omitted procedure by performing tests of controls or reissuing the opinion with an explanatory paragraph, as these options do not address the underlying issue of impairment to the auditor's ability to support the opinion. Option A is also incorrect as it suggests that the auditor should advise management to merely disclose the issue to the stockholders, which is not sufficient in addressing the auditor's responsibility to ensure the accuracy of the financial statements.

On March 15,2018,Kent,CPA,issued an Unqualified Opinion on a Client's Audited