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

Regards,

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

It might help
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