List some liabilities that may be omitted.

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Auditing

ISBN: 9781473778993

12th Edition

Authors: Alan Millichamp, John Taylor

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Question Posted: Nov 02, 2023 04:04 AM

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List some liabilities that may be omitted.

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Liabilities can sometimes be omitted or understated in financial statements due to various reasons including errors fraud or lack of disclosure While auditors work to detect and correct these omission...View the full answer

Auditing

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