Consult Paragraphs # 52-53 of PCAOB Auditing Standard No. 12.Consider how a revenue recognition fraud might occur
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On each audit engagement auditors are required to brainstorm about the possibility that fraud could occur at their client This type of brainstorming discussion is explicitly required by the profession...View the full answer
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Related Book For
Auditing and Accounting Cases Investigating Issues of Fraud and Professional Ethics
ISBN: 978-0078025563
4th edition
Authors: Jay Thibodeau, Deborah Freier
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