"Accounting firms should be liable to pay stockholders if they give a company a clean audit and it goes bankrupt within a year".
Write a response disagreeing with the above statement© BrainMass Inc. brainmass.com March 4, 2021, 6:02 pm ad1c9bdddf
This statement is completely false. Perhaps, at the time when the accounting form audited company X, Company X was in good health. An audit is a snapshot in time - it reflects the ...
The responsibility of auditors is noted.