Ernst & Ernst argued that the mail rule was not relevant to its audits of First Securities

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Ernst & Ernst argued that the mail rule was not relevant to its audits of First Securities since that rule only involved personal transactions of Nay and the escrow investors. Do you agree? Why or why not?

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Contemporary Auditing

ISBN: 978-1285066608

8th edition

Authors: Michael C. Knapp

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Question Posted: Oct 02, 2014 07:45 AM

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Ernst & Ernst argued that the mail rule was not relevant to its audits of First Securities

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The mail rule clearly had important financial implications for First Securities In one of the legal ...View the full answer

Contemporary Auditing

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