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Obtain a copy of Accounting and Auditing Enforcement Release (AAER) No. 3146, issued by the SEC on June 24, 2010.

a. Identify the audit evidence deficiencies described in the release.

b. In what ways did the auditor fail to exhibit professional skepticism?

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c. What sanction did the auditor receive? Does that sanction seem appropriate?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91874196

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