Newtight is a Japanese manufacturer of high technology adhesives traded on the Tokyo Nikkei stock exchange. The

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Newtight is a Japanese manufacturer of high technology adhesives traded on the Tokyo Nikkei stock exchange. The Kobe audit firm of Noda, Haider and Itabashi, CPAs, is doing a group audit on the company.


Required:

A. Write up memo describing an understanding of Newtight based on important matters to be considered.

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