During the audit, the auditor may discover deficiencies in the clients system of internal control....
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Accounting
During the audit, the auditor may discover deficiencies in the clients system of internal control. some if these may be considered significant deficiencies or material weaknesses. Describe them both and the auditor's responsibility for communicating them to the client. Do you consider any of the weaknesses in oceanviews controls over acquisitions to be significant deficiencies or material weaknesses?
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