How do AGO's roles and responsibilities differ from those of commercial auditing firms?

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Accepted Answer

AGO's responsibility goes beyond rendering an opinion on the financial statements. It covers other aspects to enhance accountability to the President and Parliament on the use and management of public funds. These include audits to check for financial irregularities and to ascertain whether there has been excess, extravagance or gross inefficiency leading to waste, and whether measures to prevent them are in place.

How do AGO's roles and responsibilities differ from those of commercial auditing firms?

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