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5. The auditors of Tiger Ltd have become aware during the course of their audit that the company 5 has been guilty of a serious
5. The auditors of Tiger Ltd have become aware during the course of their audit that the company 5 has been guilty of a serious breach of the law. This non-compliance has no direct effect on the financial statements. List the steps the auditors might have to take in these circumstances. 5 6. Explain the audit procedure responsive to the Assessed Risks of Material Misstatement at the assertion level
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