What does a third-party user of financial statements have to prove under common law in a suit

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What does a third-party user of financial statements have to prove under common law in a suit against an auditor for the auditor’s negligence? Illustrate each item with an example.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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