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BANK DISTRESS: NATURE, CAUSES, IMPLICATION AND ASSOCIATED AUDITOR’S RESPONSIBILITY

CHAPTER ONE INTRODUCTION The write – up looks into “bank distress, nature and cause, implication and associated auditor’s responsibilities”. The importance of banks in the economy cannot be over emphasized bank occupy a critical place in a complex financial system that supplies the money and credit needed for the economy. The development of banking system is seen by both the banking institutions and non – banks financial institution as a ...

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