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When we are in a lawsuit that a loss was incurred by Third-party due to reliance on misleading financial statements. The auditor has the burden
When we are in a lawsuit that a loss was incurred by Third-party due to reliance on misleading financial statements. The auditor has the burden of demonstrating as a defense that an adequate audit was conducted. So how we can prove that we already do an adequate audit? Is the court will suporting the auditor or not when the laypeople with no accounting experience make up the jury.? explain please
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