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Accountancy Forum The Profession Accounting and Audit v
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susceptibility in Audit

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

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

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