However, it was recognized that an audit cannot create precision or certainty where such factors do not exist, as financial statements are not as precise as users may believe.
Financial statements are extremely precise, but not many people believe this.
mnli hypothesis: Financial statements are extremely precise, but not many people believe this. premise: However, it was recognized that an audit cannot create precision or certainty where such factors do not exist, as financial statements are not as precise as users may believe.