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17 June, 03:49

Terry industries engages rose & co., cpas, to prepare its annual financial statements and tax returns. before either of these engagements is completed, terry terminates the relationship and asks the firm to provide all records that they provided to the firm, the firm's working papers, and its partially completed work product. terry has not paid rose & co. for either service. under the aicpa rule on client records requests, which records, if any, may rose & co. withhold from the client?

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  1. 17 June, 07:44
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    Rose & Co can withhold their working papers and partially completed work.

    "Working papers" are preliminary documents that show the information gathered and the information behind the reports that are generated.
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