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Your audit firm is currently advising one of its listed client companies Hallway Industries Limited (HIL) on the company's $250m acquisition of one of
Your audit firm is currently advising one of its listed client companies Hallway Industries Limited (HIL) on the company's $250m acquisition of one of its rival companies. You are the audit engagement partner for HIL. HIL's Chief Executive Officer has requested you to arrange to include a short article in your audit firm's next monthly newsletter explaining the merits of this take-over to HIL's stakeholders. Required: Will you include the short article in your audit firm's monthly newsletter? Explain using IFAC Code of Ethics for Professional Accountants. (5 marks)
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Auditing An International Approach
Authors: Wally J. Smieliauskas, Kathryn Bewley
6th edition
978-0070968295, 9781259087462, 978-0071051415
