In late 2005, the airline industry in the United States had an unprecedented situation in which four
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In late 2005, the airline industry in the United States had an unprecedented situation in which four of the five largest airlines had filed bankruptcy and were undergoing reorganization processes to try to recover. Describe how this type of economic environment affects client business risk, engagement risk, and audit risk for firm that audits one of these airlines.
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Auditing Assurance And Risk
ISBN: 9780324313185
3rd Edition
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
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