Question: Submit a draft of your memos to upper management. First, you will prepare a memo to be reviewed by the chief financial officer (CFO) of
Submit a draft of your memos to upper management. First, you will prepare a memo to be reviewed by the chief financial officer (CFO) of your chosen company that summarizes the audit process conducted. Then, you will assume the role of CFO of the company and prepare a memo to the Board of Directors as to what potential issues the external audit team might find and what the company's response should be.
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