Significant Findings or Issues - Substantive matters which are vital to procedures performed, conclusions reached or evidence obtained and include though aren't limited to:

1. Significant matters

2. Results of auditing procedures denoting a need for significant modification of planned auditingprocedures

3. Disagreements among members of the engagement team

4. Audit adjustments

5. Circumstances that cause difficulty in applying auditing procedures

6. Important changes in assessed level of audit risk

7. Matterswhich could result in modification of the AUDITOR's report