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Rogers and Green, CPAs, admit they failed substantially to follow generally accepted auditing standards in their audit of Martin Corporation. We were overworked and understaffed

Rogers and Green, CPAs, admit they failed substantially to follow generally accepted auditing standards in their audit of Martin Corporation. We were overworked and understaffed and never should have accepted the engagement, said Rogers. Does this situation constitute fraud on the part of the public accounting firm? Explain.

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