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Your accounting firm currently provides consulting and taxation services to Anythinggoes Ltd, a...

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Accounting

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Your accounting firm currently provides consulting and taxation services to Anythinggoes Ltd, a company providing importing and exporting services and support. The CEO of Anythinggoes has approached you asking if your firm would also like to do the audit for the coming financial year. What are the issues to consider when deciding whether or not to take the assignment? Are there processes that should be undertaken in terms of engaging the client that will assist in making this decision? 12 Marks

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