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The following situations involve faveria, audit senior with the auditing firm, M & P. She is involved with the audit of Brown Limited (BL) For
The following situations involve faveria, audit senior with the auditing firm, M & P. She is involved with the audit of Brown Limited (BL) For each of the following situations (i) identify the ethical issues involved and (ii) discuss whether there has or has not been any violation of ethical conduct. a. The accountant of BL resigned two months ago and has not been replaced, As a result, the company's transactions have not been recorded and the books are not up to date. To comply with the terms of a loan agreement, BL needs to prepare interim financial statements but cannot do so unless the books are written up. The managing director of BL wants Javeria to help them out
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