Auditors must exercise considerable professional skepticism and vigilance, staying alert for indications of management bias, intentional or

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Auditors must exercise considerable professional skepticism and vigilance, staying alert for indications of management bias, intentional or not, in its estimates. For example, it is common to be overly conservative in a bad year when providing for loss contingencies, to facilitate improved earnings in a succeeding period

Posted Date: May 18, 2024 04:12 PM

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Auditors must exercise considerable professional skepticism and vigilance, staying alert for indications of management bias, intentional or

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