Occasionally, an accountant in a review engagement of a nonissuer may feel that even modification of the standard report is not adequate to indicate the deficiencies in the financial statements taken as a whole. If this is the case, the accountant should
Withdraw from the engagement.
The statements may contain a material departure from the applicable reporting framework. If the statements are not revised, the accountant considers whether modification of the report is adequate to disclose the departure. If the accountant believes that modification of the report is not adequate, (s)he should withdraw from the engagement and provide no further services with respect to the statements. The accountant may wish to consult legal counsel in such circumstances (AR 90).