Formally respond to the following question: In 2008 and 2011, the PCAOB issued Staff Audit...
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Accounting
Formally respond to the following question:
In 2008 and 2011, the PCAOB issued Staff Audit Practice Alerts to assist auditors in identifying economic factors that could affect an organizations risk of material misstatement. When you consider the current economic environment, what are some factors that might affect a clients business risk and the risk of material misstatement, and, therefore, require additional audit attention?
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