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respond to the statement If the securities acts had not been passed by Congress in the 1930s, no one would be interested in having an

respond to the statement "If the securities acts had not been passed by Congress in the 1930s, no one would be interested in having an audit performed." In your opinion, would public companies hire external auditors if it was not required? Discuss the pros and cons of requiring public companies to hire external auditors. Think about whether the benefits of the audit outweigh the costs. Reference appropriate sources such as articles used to answer .

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