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 May 24, 2023, 1:32 pm ad1c9bdddfhttps://brainmass.com/business/business-philosophy-and-ethics/responsibility-of-auditors-25431
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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.
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