Week One - the audit to get the experience of handling such...

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Kennedy and Associates has an ethical responsibility to notify Whitmore of the fact that their firm does not have the experience necessary to handle Whitmore’s company going public. At the very least Kennedy should outsource the work and have some of their auditors tag along during
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Unformatted text preview: the audit to get the experience of handling such an audit. Tangling with the SEC is not something I would want to do without substantial training and experience behind me. Kennedy owes it to Whitmore to notify them of their lack of experience and really should recommend another firm to take a managerial role in this audit, with Kennedy as second chair....
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