Review the discussion of the Sonali accounting fraud described in the chapter. a. Describe the audit procedures
Question:
a. Describe the audit procedures that could have discovered the misstatements and explain why they could be effective.
b. In your opinion, do the audit procedures used by CPA firms have “big flaws that someone can take advantage of”?
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a The auditors should have cut a piece of gold chain from the 50f...View the full answer
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Related Book For 
Auditing and Assurance Services An Applied Approach
ISBN: 978-0073404004
1st edition
Authors: Iris Stuart
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