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16. If your audit client is for certain going to go bankrupt (beyond substantial doubt), then what do you do as the auditor? a. Provide
16. If your audit client is for certain going to go bankrupt (beyond substantial doubt), then what do you do as the auditor?
a. Provide an unmodified opinion with an emphasis of matter paragraph.
b. Have the client change to a liquidation basis of accounting. c. Contact the clients regulator (likely the SEC). d. Withdraw from the audit engagement.
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