Suppose you are auditing the financial statements of a large publicly traded firm when you discover some

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Suppose you are auditing the financial statements of a large publicly traded firm when you discover some material misstatements that result from error.

a. Discuss the most likely scenario that would unfold when you brought these misstatements to the attention of management.

b. How would that scenario likely differ if the misstatements resulted from fraud?

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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Question Posted: May 03, 2024 02:01 AM

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Suppose you are auditing the financial statements of a large publicly traded firm when you discover some

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Auditing Assurance And Risk

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