Ensuring compliance with auditing regulations will not assist auditors in avoiding litigation.

Name: Ensuring compliance with auditing regulations will not assist auditors in avoiding litigation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Ensuring compliance with auditing regulations may reduce the risk of litigation but cannot guarantee that auditors will avoid litigation altogether. Other factors may also contribute to the occurrence of lawsuits against auditors, such as unforeseen circumstances, misunderstandings or errors in judgment.

Ensuring Compliance with Auditing Regulations Will Not Assist Auditors in Avoiding