Question: Sally Adams is an audit manager for the firm of

Sally Adams is an audit manager for the firm of Jones & Smith, CPAs and is assigned to the audit of Libra Fashions, Inc. Near the middle of the audit Sally was offered the job of Libra’s chief financial officer.
a. Discuss the implications of this offer assuming Libra is a nonpublic corporation.
b. Discuss the implications of this offer assuming Libra is a public company.


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  • CreatedOctober 25, 2014
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