Abstract
If all else fails, British accountants can usually depend on a healthy income from their statutory duties. Under UK commercial law all companies require an audit. In the last few years there has been considerable discussion about limitations on the size of companies requiring audits and the intrinsic value of such exercises, but at present all corporate ventures which enjoy limited liability must undergo an annual audit.
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© 1993 Bob Reynolds
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Reynolds, B. (1993). The Old Reliable — Audit. In: Excellence in Accountancy. Palgrave, London. https://doi.org/10.1007/978-1-349-12085-7_9
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DOI: https://doi.org/10.1007/978-1-349-12085-7_9
Publisher Name: Palgrave, London
Print ISBN: 978-1-349-12087-1
Online ISBN: 978-1-349-12085-7
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