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Does a cpa firm face an independence problem in auditing

1) Is a CPA Firm allowed to accept an engagement without having established the necessary expertise to oversee the audit?

2) Does a CPA firm face an independence problem in auditing the output of systems that the same firm designed and installed.

3) Would it matter if the client is a publicly traded company.

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Accounting Basics: Does a cpa firm face an independence problem in auditing

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Accounting Basics: Does a cpa firm face an independence problem in auditing

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