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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
4 / 978 |
Essay's paper body
The firm wanted to restate CCC's financial statements showing a net loss for last year and the year prior. CCC argued that it was not in the collection business but sold a process to its customers. The process included the original evaluation of the accounts receivable before purchase. CCC contacted a second Big Six CPA firm...
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CCC argued that it was not in the collection business but sold a process to its customers. The process included the original evaluation of the accounts receivable before purchase. CCC contacted a second Big Six CPA firm.
The second Big Six CPA firm followed the process as the first. It interviewed CCC personnel and reviewed the financial statements...
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