Explain how audit firms can reduce the risk of litigation and effects upon the audit practice?

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Posted by:
Dasarathi Rath
01-April-2016

Accounting Auditing Economics Finance

Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/04/18

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by Imran Adwani , Head of Internal Audit , Abdulla Bin Zayed Investment Group

By safeguarding their audit opinion against the charge of professional negligence which can be held valid if audit evidence collected are not supporting the audit conclusions made therefrom.

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