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Do apply to companies that are not publicly traded

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Reference no: EM132565697

Question 1) Do SEC financial reporting rules apply to companies that are not publicly traded?

Question 2) "If accountants meticulously follow generally accepted accounting principles and generally accepted auditing standards, their souls will always ascend to the heavens." Do you agree that following GAAP and GAAS is always the correct moral choice?

Reference no: EM132565697

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