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Question 8. Acting as a supervisory auditor for a quality review CPA firm reviewing an audit performed by another Allen & Glen (A&G), a CPA
Question 8. Acting as a supervisory auditor for a quality review CPA firm reviewing an audit performed by another Allen & Glen (A&G), a CPA firm, you found that A&G, CPAs, were currently conducting the 2018 financial statements audits for Crow Automobile, Inc., (CAI). At the same time, CAI has not fully paid the audit fees for its 2017 financial statements audit performed by A&G (a) Was A&G, CPAs, independence impaired? (2 point) (b) Did A&G comply with the AICPA professional standards? Explain your position (2 points). review board? Explain your position (2 points). the audit? (2 points). (c) Should A&G, CPAs be sanctioned by the state board of accountancy and the AICPA peer (d) What would be your recommendation for your audit firm partner (principal) overseeing
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