Susan, CPA, compiles the financial statements of Fashion Ltd., a retail store selling clothes and fashion accessories.
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Question:
This year, the CEO asks Susan to help develop and install a computerized perpetual inventory control system. Susan does so, and also issues a normal notice to reader on the compiled financial statements for this fiscal year, while clearly marking all pages of the financial statements as "unaudited." Please discuss whether Susan has violated Code of Professional Conduct, Generally Accepted Auditing Standards, or other standards?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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