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c) Your audit rm is currently advising one of its listed client companies Hallway Industries Limited (HIL) on the company's $250m acquisition of one of
c) Your audit rm is currently advising one of its listed client companies Hallway Industries Limited (HIL) on the company's $250m acquisition of one of its rival companies. You are the audit engagement partner for HIL. HIL's Chief Executive Ofcer has requested you to arrange to include a short article in your audit rm's next monthly newsletter explaining the merits of this take-over to HIL's stakeholders. Required: Will you include the short article in your audit rm's monthly newsletter? Explain using IFAC Code of Ethics for Professional Accountants
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