You are a member of the professional services team at a Big Four Accounting Firm (BFAC). One day, you and your fellow professionals return from lunch and discover that a senior partner has placed several pages of client information on your desk.
Please review this client information and outline the particulars of the situation before you proceed to the first module, i.e. #1 Valuation. You should focus on the potential benefits and risks of pursuing this client opportunity.
a. Describe the client’s understanding of its needs.
b. Describe your understanding of the client’s needs.
c. Identify the primary benefits of accepting the client engagement.
d. Identify the primary risks of accepting the client engagement.