Question
Explain if, and why an accountant will be held liable to its client, 3rd party intended users of the financial statements and audits it prepares
Explain if, and why an accountant will be held liable to its client, 3rd party intended users of the financial statements and audits it prepares for its client, and to reasonable foreseeable users of the work it prepared for its client. Be sure to identify who reasonable foreseeable users would be and why they areincluded.
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Management And Cost Accounting
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
3rd Edition
