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Who are some of the groups of "outsiders" that would see a benefit from audited data? Do you think audits are more valuable to "outsiders" (or external decision makers) or to the company being audited (internal decision makers)?

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Solution Summary

The expert examines the group of "outsiders" that would benefit from audited data.

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Outsiders:

1. Investors.
2. Insurance company who insured the intended company
3. Tax Authorities
4. Banks (Who gives loans)
5. ...

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