Question: Critically evaluate the audit work of Ernst & Young from the perspective of generally accepted auditing standards and professional ethics. Was this a failed audit?

Critically evaluate the audit work of Ernst & Young from the perspective of generally accepted auditing standards and professional ethics. Was this a failed audit?

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Reviewing the facts of the case the OSC alleged that Ernst Young failed to properly understand the legal basis of SinoForests claim to its assets and relied on an opinion prepared by the forestry comp... View full answer

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