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  3. financial restatements and fraud assume the auditor has determined that...

Question: financial restatements and fraud assume the auditor has determined that...

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FINANCIAL RESTATEMENTS AND FRAUD

Assume the auditor has determined that prior financial statements need to be restated. What disclosures and other information

should be communicated to shareholders, investors, and creditors about this matter? (6 marks)                              

 

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