What does an audit do?
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Category: Accounting | Listed: July 9, 2011
If a business breaks the rules of accounting and ethics, it can be liable for legal sanctions against it. It can deliberately deceive its investors and lenders with false or misleading numbers in its ...
What does an audit report contain?
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Category: Accounting | Listed: July 9, 2011
Most audit reports on financial statements give the business a clean bill of health, or a clean opinion. At the other end of the spectrum, the auditor may state that the financial statements are misle...
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