The auditor is responsible for: (a) Ensuring that the financial statements are prepared in accordance with accounting

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The auditor is responsible for: 

(a) Ensuring that the financial statements are prepared in accordance with accounting standards and the law. 

(b) Ensuring that accurate accounting records are maintained. 

(c) Ensuring that any potential misstatements are prevented or detected and corrected. 

(d) Gathering sufficient appropriate evidence to support an opinion regarding the fair presentation of the client’s financial statements.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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