Audit Your Mistake

When a company or its auditors discover an error in an audit report, these errors must be recognized and corrected. Audit reports vouch for the credibility of financial statements, and investors, banks and other stakeholders need accurate financial statements to make good business decisions. Companies can take different steps to recognize the errors depending on the nature of the error and when it’s corrected. It’s my 594th Video. My next 595th Video follows “ Gramadevatala Vaisishtyam“ on
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