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Accounting Paper 1, November 2024, question 4.5

Accounting P1 · Ethics audit and governance
4.53 marks
The directors of Ridgeway Holdings Ltd pressured the company’s independent external auditor to knowingly issue an untrue audit report to the shareholders. The auditor gave in and issued it. State THREE possible consequences for the auditor, or for the auditing firm that employs him, of this dishonest conduct.

NSCBased on Nov 2024 · Paper 1 · Q4.5

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