What is the purpose of a financial audit? Who is responsible for setting standards for financial audits

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What is the purpose of a financial audit? Who is responsible for setting standards for financial audits of government and not-for-profit organizations?
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Related Book For  answer-question

Accounting for Governmental and Nonprofit Entities

ISBN: 978-0078025822

17th edition

Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson

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