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ABC Ltd, a public listed company, is due for its annual statutory audit. During the audit process, the auditors uncover discrepancies in the company's financial
ABC Ltd, a public listed company, is due for its annual statutory audit. During the audit process, the auditors uncover discrepancies in the company's financial statements that potentially violate accounting standards and regulatory requirements. The discrepancies seem to be unintentional errors rather than deliberate misstatements. Required: b) Provide five differences between statutory audit and forensic audit
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