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Whiting out the spreadsheet


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An interesting item – Accountancy’s invisible ink, from the Financial Times Management blog on the opportunities which may or may not be presented for mis-statement using spreadsheets.

Having read the item, Adam thinks auditing techniques need to go back to basics.

He would have been ashamed if those standards of auditing had applied when he was active in the profession.

There has always been one clear factor, understand the business that your client is in, do not take anything as a given.

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