Question: Response or Comment to the below: Every time there is a transaction, presentation of financial statements, allocation of funds, etc., accountants should keep auditors in
Response or Comment to the below:
Every time there is a transaction, presentation of financial statements, allocation of funds, etc., accountants should keep auditors in back of their mind. Keeping good records and proper audit trail is critical. One of the famous auditors' saying is - if it's not in writing, it does not exist.
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