When the client fails to make adequate disclosure in the body of the statements or in the related footnotes, it is the responsibility of the auditor to
◦ inform the reader that disclosure is not adequate, and to issue an adverse opinion.
◦ inform the reader that disclosure is not adequate, and to issue a qualified opinion.
◦ present the information in the audit report and issue an unqualified or qualified opinion.
◦ present the information in the audit report and to issue a qualified or an adverse opinion.