Briefly describe there hypothetical situation

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Problem

The PSLRA requires auditors to report the sec illegal acts "that would have a material effect" on a client's financial statements, assuming client management refuses to do so. Briefly describe there hypothetical situation involving potential illegal acts discovered by auditors. Indicate whether the auditors involved in these situations should insist that client management report the given item to the SEC. Get the instant assignment help. Defend your decision for each item.

Reference no: EM133922786

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