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Explain if, and why an accountant will be held liable to its client, 3rd party intended users of thefinancial statements and audits it prepares for
Explain if, and why an accountant will be held liable to its client, 3rd party intended users of thefinancial statements and audits it prepares for its client. To reasonably foreseeable users of thework, it prepared for its client.
Be sure to identify who reasonable foreseeable users would be and why they are included.
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