Explain the responsibilities of the following stake holders over the financial statement (a) management (B) external auditor

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Date Posted: 2015/09/25

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by Usman Mubashar , Accountant , NM Furnishers

management has responsibility to provide true and fair view of financial statements and the auditor has responsibility to provide reasonable assurance on the financial statements that whether they are providing true and fair view are there any misstatements due to error or fraud.

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