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Discuss in detail Ethical issues in business required from Auditors. Elaborate the auditor's responsibility for detecting fraud. Furthermore, discuss the legal liability of auditors if

Discuss in detail Ethical issues in business required from Auditors. Elaborate the auditor's

responsibility for detecting fraud. Furthermore, discuss the legal liability of auditors if they are

not functioning as per their professional requirements. What mechanisms auditors use to

defend themselves from such legal responsibilities?

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