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Answer all three questions in one. Describe some civil and criminal consequences if CPAs/auditors fail to follow professional standards. Summarize some things that CPAs can
Answer all three questions in one.
- Describe some civil and criminal consequences if CPAs/auditors fail to follow professional standards.
- Summarize some things that CPAs can do to limit their liability and prevent lawsuits.
- Determine whether the liability risk to CPAs/auditors is appropriate, too high, or too low.
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