Text: Participants generally agreed that the profession needs a new reporting model for audits to eliminate the misunderstanding as to what an audit of financial statements is and what its limits are.
Entailment: In order to eliminate confusion about the benefits and limitations of an audit of financial statements, conference attendees argued their profession needs a new reporting model.
Contradiction: The participants have no difficulties in understanding audits of financial statements and are very clear on both the process and the results.