Maurice Tutor

(5)

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About Maurice Tutor

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 3 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 16 Nov 2017 My Price 6.00

General Micron Company

AccentPoint LLP, an accounting firm, was hired by General Micron Company to audit its financial statements for inclusion in GMC’s 1933 Act registration statement, pursuant to which GMC’s common shares would be sold to investors. AccentPoint’s sole compensation for performing the audit and issuing an opinion was a fee of $600,000. Due to AccentPoint’s careless noncompliance with GAAS, the audited financial statements and AccentPoint’s opinion contained material misstatements. AccentPoint, however, did not intentionally or recklessly misstate or omit any material fact. Does AccentPoint have potential liability to purchasers of the shares who bought GMC shares relying on AccentPoint’s audit opinion under Section 12(a)(2) of the 1933 Act, Rule 10b–5 of the 1934 Act, and the common law of negligent misrepresentation? Does AccentPoint have potential liability to purchasers of the shares under Section 11 of the 1933 Act?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 16 Nov 2017 01:11 PM My Price 6.00

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