What are ―errors and irregularities‖ in the contest of an external audit of a limited company?

Error: it is used to refer to unintentional mistakes in financial statements, such as:
– Mathematical or clerical mistakes in the underlying records and accounting data.
– Oversight or misinterpretation of facts
– Misapplication of accounting policies.
An irregularity is a lack of compliance with set procedures and controls by either a staff or the management

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