Assume you are inspecting EYs audit of Medicis Pharmaceutical Corporation for the PCAOB. Read through the information

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Assume you are inspecting EY’s audit of Medicis Pharmaceutical Corporation for the PCAOB. Read through the information provided about the case in the chapter and identify the factors the auditors should have taken into account in determining critical audit matters.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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