The role of Ernst & Young in the Groupon fraud is somewhat unclear. The firm did render
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The role of Ernst & Young in the Groupon fraud is somewhat unclear. The firm did render unmodified opinions for four years. Do you believe it is possible that an audit firm can render an unmodified opinion and have no responsibility for detecting and reporting a financial fraud? Explain in general and specifically with reference to the fraud at Groupon.
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A firm can render an unmodified opinion for a number of years and not be held responsible for detect...View the full answer
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Shebla K
I am an MBA graduate having experience as an Assistant Professor at University level for two years. I always prepare well for a class as I believe that only if you become an ocean you can give a bucket of water. Being a teacher was not only my profession but also my passion.
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Related Book For 
Ethical Obligations and Decision Making in Accounting Text and Cases
ISBN: 978-1259730191
4th edition
Authors: Steven Mintz, Roselyn Morris
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