A number of recent articles in publications like The Wall Street Journal, Forbes, and Time have noted
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A number of recent articles in publications like The Wall Street Journal, Forbes, and Time have noted that auditors are facing increasing levels of legal liability. At the same time, some business professionals advocate that future-oriented information (e.g., future earnings projections) be included in the financial statements and subject to the auditor’s report. Comment on the problems that could arise in view of these seemingly opposing trends.
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