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susceptibility in Audit
08-17-2009, 02:39 PM
Post: #1
susceptibility in Audit
Can anyone define the term susceptibility with reference to auditing.

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Awais Aftab
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08-18-2009, 02:25 AM
Post: #2
 
When there is risk that the financial statements may be misstated, we say the financial statements are susceptibile to misstatements.

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