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Discuss the importance of the Allowance for Doubtful Account valuation for Accounts Receivable and the Impairment process for Goodwill pertaining to the complexities involved in

Discuss the importance of the Allowance for Doubtful Account valuation for Accounts Receivable and the Impairment process for Goodwill pertaining to the complexities involved in attesting as to whether the Financial Statements are:

a.Following GAAP

b.Adequately Disclosing Data

c.Consistency in the application of GAAP

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