Please Research the issues in the case then write a professional memo following the instructions for the memos, including the proper format
1. Follow the instructions for the proper format for the memos
2. Do not copy and paste from the auditing and accounting standards. Summarize the key points in your own words and reference the precise areas of the standards (section and paragraphs).
3. Cite AICPA’s clarified audting standards (AU-C) and not the old AU standards.
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