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The accounting firm has settled charges of quality control failures and violations in the audits of SPAC clients.
If you’re a firm that specializes in auditing other firms, shouldn’t your first duty be to ensure that your audits are accurate? Or should your first duty be to ensure your own growth? The U.S. Securities and Exchange Commission (SEC) has the obvious answer. The SEC has charged Marcum LLP, the audit firm in question,...
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