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Auditor’s Liability

Auditor’s Liability :

If any errors are found in the accounts the auditor cannot take the shield against the fact that he conducted test
check. The auditor should very carefully select the items for test check and ensure on the whole that the accounts
show a true and fair view of the Profit/Loss in the case of the Profit & Loss Account and of the state of affairs of
the organisation in the case of Balance Sheet.

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