AUDITING+ASSURANCE SERVICES (LL)
AUDITING+ASSURANCE SERVICES (LL)
11th Edition
ISBN: 9781266448119
Author: MESSIER
Publisher: MCG
Question
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Chapter 20, Problem 20.29P

a.

To determine

Concept Introduction:

Securities and Exchange Commission (SEC): Securities and Exchange Commission is a concept that ensures the investors received proper information about the securities and issuer that helps investors to make an appropriate investment decision, and trading those securities.

To discuss: The recovery of bank from CPA for fraud

b.

To determine

Concept Introduction:

Securities and Exchange Commission (SEC): Securities and Exchange Commission is a concept that ensures the investors received proper information about the securities and issuer that helps investors to make an appropriate investment decision, and trading those securities.

To describe: The recovery of the general-public purchasers from CPA under the liability provision of section 11 and antifraud provision of rule 10b-5

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