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    responsibility of auditors

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    "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 June 3, 2020, 5:25 pm ad1c9bdddf
    https://brainmass.com/business/business-philosophy-and-ethics/responsibility-of-auditors-25431

    Solution Preview

    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 ...

    Solution Summary

    The responsibility of auditors is noted.

    $2.19

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