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So much responsibility is put on accountants when it comes to managing risk. Should accountants defer the risk issues to law makers and make it

So much responsibility is put on accountants when it comes to managing risk. Should accountants defer the risk issues to law makers and make it the responsibility of this latter group to close loopholes, to provide shareholders with confidence in the system, and ultimately allow the accountant to focus on providing reasonable assurance at to the financial health of the company?

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