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What steps should hughes and thatcher take

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Reference no: EM132774487

Problem 1: Hughes and Thatcher, a regional accounting firm is determining whether it wants to accept a new client, Township Hardware. Township Hardware is currently a privately held hardware merchandiser operating 24 stores in several states, but the company's management is planning an Initial Public Offering in the near future. This is the company's first audit. What steps should Hughes and Thatcher take in evaluating this new client?

Reference no: EM132774487

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