[The following footnote was effective for fiscal years ending on or after November 15, 2007. It was amended, effective for audits of fiscal periods beginning on or after December 15, 2010. See PCAOB Release No. 2010-004.

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  13/   This is because his or her assessment of the risk that undetected misstatement would cause the financial statements to be materially misstated is unacceptably high (see AU sec. 312.39 for further discussion about undetected misstatement) or as a means of introducing unpredictability in the procedures performed (see paragraph 61 and AU sec. 316.50 for further discussion about predictability of auditing procedures).