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ACC305: Assurance and Attestation In the course of reading the auditing literature, you come across the statement: Audit firms are profit-driven entities and have to

ACC305: Assurance and Attestation

In the course of reading the auditing literature, you come across the statement: "Audit firms are profit-driven entities and have to find business wherever and however they can"

Assess this statement. Do you agree with the statement? Where relevant, refer to principles and threats from the EP100 Code of Professional Conduct and Ethics to support your answers. (9 Marks)

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