What conditions must be satisfied for an auditor to have to pay damages? How can an audit
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What conditions must be satisfied for an auditor to have to pay damages? How can an audit firm minimize its potential for paying damages?
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Auditors can be held liable for damages if they fail to meet their professional responsibilities and if certain conditions are met The specific conditions and liability standards may vary by jurisdict...View the full answer
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John Kago
Am a processional practicing accountant with 5 years experience in practice, I also happens to have hands on experience in economic analysis and statistical research for 3 years. am well conversant with Accounting packages, sage, pastel, quick books, hansa world, etc, I have real work experience with Strata, and SPSS
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