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Within the scope of business and economics it would seem that auditing should be afforded at least mid level importance. All public companies are required to have external auditors and most organizations have some form of internal audit department as well. Auditing is massive industry, and its
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I have substantially edited this article, however the section on detection of fraud needs more content and a new section with recent events
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impact on financial markets is far-reaching. With that said, I'm going to change the assessment to mid.
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does any one know of any aspects against external auditors???
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