One day a potential new client walks in off the street. He is a young, energetic guy who recently started a service business and is well known in the community; in fact, he was recently named one of the top ten "young entrepreneurs to watch" in the country. You are excited to meet such a famous and potentially lucrative client. In talking about his business, the potential client indicates that he needs some financial statements but has been too busy running the business to prepare them properly. He asks if you can compile some GAAP-compliant statements and, of course, you answer "yes", so he agrees to bring you some numbers in the morning. When you ask the source of the information he will be bringing he says, "I really don't have books, but I'll bring you what my records."

Should you take the job? 

What factors would make it acceptable to take on?

What would cause you to decline?