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The firm's substantive procedures to test certain inputs used by the issuer to record intangible assets included the performance of analytical procedures. For certain of these inputs the firm did not (1) determine for one of these inputs whether the expectation used in the analytical procedures was based on predictable relationships and (2) perform procedures to evaluate significant differences between the expected input and actual input used by the issuer beyond inquiry of management. (AS 2305.13 .14 and .21)

The issuer acquired certain intangible assets through business combinations. The following deficiencies were identified: - The firm did not identify and evaluate the significance to the financial statements of the issuer's recording of these assets as indefinite lived intangible assets rather than finite lived intangible assets with estimated useful lives based on their remaining contractual terms in conformity with International Accounting Standard (IAS) 38 Intangible Assets. (AS 2810.30 and .31)