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What steps should cart and blanche take

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Reference no: EM132545231

Question 1: Cart and Blanche, a regional accounting firm is determining whether it wants to accept a new client, Ivy Photos. Ivy Photos is currently a privately held photography studio operating 24 studios in several states, but the company's management is planning an Initial Public Offering in the near future. This is the company's first audit. What steps should Cart and Blanche take in evaluating this new client?

Reference no: EM132545231

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