Explain briefly the meaning and importance to auditing of the concept of due care.

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Principles Of External Auditing

ISBN: 9780470974452

4th Edition

Authors: Brenda Porter, Jon Simon, David Hatherly

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Question Posted: Jan 27, 2024 11:01 PM

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Explain briefly the meaning and importance to auditing of the concept of due care.

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The concept of due care refers to the level of judgement caution prudence or action expected from a reasonable and prudent person under similar circum...View the full answer

Principles Of External Auditing

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