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One of your audit clients approaches you about doing some additional work for the company. Some...

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Accounting

One of your audit clients approaches you about doing someadditional work for the company. Some of the things that the clientneeds your firm’s help with include:

Financial projections that includes the acquisition of a failingcompany.

Preparation of forecasted financial statements for a bankloan.

You are excited to be able to present this new opportunity tothe partners of the firm, but there are several factors the firmmust consider.

Assume your firm decides to provide these services for theclient. Discuss communications that must be made to the clientregarding their understanding of the nature of the new engagement.Prepare a PowerPoint presentation to present to the partnersdiscussing these concerns that the firm may have regarding theacceptance of this new engagement.

Your presentation should meet the following criteria:

Be 6-8 slides in length, not including the title and referencesslides.

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