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Scenario 1 : The Friendly AuditorYou are an auditor assigned to review the financial statements of a company where one of your close friends is

Scenario 1: The Friendly AuditorYou are an auditor assigned to review the financial statements of a company where one of your close friends is the CFO. During the audit, you discover several irregularities that could indicate fraudulent financial reporting. Your friend casually mentions that they hope the audit goes smoothly, as a negative report could lead to their termination. How do you handle this situation, based on every step below
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