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Unformatted text preview: statements for many years. During the year just ended a service bureau was employed to process by computer the corporation's financial data. The CPA knows very little about computers and does not wish to conduct the audit for the year just ended. The CPA and the president of the corporation are old friends, however, and the president persuaded the CPA that he should not withdraw from the engagement. After glancing at the records and comparing the current year's statements with those of earlier years, the CPA believes that the statements prepared by the service bureau are stated fairly....
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This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.
- Fall '08