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platt & saunders, cpas prepared the audited financial statements of hamilton services for the year...

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Accounting

platt & saunders, cpas prepared the audited financial statements of hamilton services for the year ended december 31, 20x1 with the report issued on february 5, 20x2. the firm is now performing the audit for the year ended december 31, 20x2 and anticipates that its report will be issued on february 15, 20x3. due to financial difficulties, platt & saunders allowed hamilton services to defer payment of billed fees for an extended period. in addition, the firm delayed the billing of some fees

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