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Auditing Apathy With Ron Baker
The Accounting Podcast
Cloud Accounting Podcast
D Hall: We're trapped in the cycle of apathy where we're just doing it because there's a law that says it has to be done. Blake: Audit managers manage risk, not assurance of materiality. D Hall: With an audit that fails, the only accountability would be from stakeholders and the stakeholders have to show that damages occurred. A company making profits has no damages until collapse.
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