If the client is publicly traded,Section 10A(b)of the Securities Exchange Act requires auditors to take action upon discovery of an illegal act if the act has a material effect on the financial statements.

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The Answer of If the client is publicly traded,Section 10A(b)of the Securities Exchange Act requires auditors to take action upon discovery of an illegal act if the act has a material effect on the financial statements.

If the Client Is Publicly Traded,Section 10A(b)of the Securities Exchange