do family firms need audit ? explain   what do we mean by auditors considering various risks related to the like hood to the material misstatement in the financial statement ? explain with examples

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter13: Auditing Debt, Equity, And Long-term Liabilities Requiring Management Estimates
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do family firms need audit ? explain   what do we mean by auditors considering various risks related to the like hood to the material misstatement in the financial statement ? explain with examples
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