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Exact(34)
That is different from saying that the auditor reached the wrong conclusion.
In neither case is there a suggestion that the auditor was doing anything wrong.
"The greater the number, the greater the possibility that the auditor independence may be compromised".
That means that the auditor could accept wildly divergent values of the same asset in differing audits.
Several lawsuits have been filed by Satyam investors against PricewaterhouseCoopers, saying that the auditor should have noticed the fraud.
Instead, there must be evidence that "the auditor did not actually hold the opinion it expressed or that it knew it had no reasonable basis for holding it".
Similar(26)
It was a personal and family decision that had nothing to do with that of the auditor.
To do that, the auditors must review the names of clients.
That puts the auditors in a bind.
Despite that success, the auditors said, oversight of United Space Alliance safety procedures was not sufficient.
That means the auditors will be hired and fired by the board of directors' audit committee.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com