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audit

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(Querist)
12 August 2009 when an auditor is conducting an statutory audit & he find a lot of errors & fraud then what are the option available to the auditor on reporting the same ?
1.will he give qualified report or

2 will he cancel his engagement or
3 sth else
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Kaushal Jha

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Kaushal Jha (Expert)
13 August 2009 you can give qualified report or if the situation warrants disclaimer report can be considered.

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