In the performance of an audit, a CPA: a. is legally liable for detecting an immaterial client
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Question:
In the performance of an audit, a CPA:
a. is legally liable for detecting an immaterial client fraud.
b. must strictly follow GAAP for privately-held clients.
c. must exercise constructive professional care in the performance of their audit responsibilities.
d. must exercise due professional care in the performance of their audit responsibilities.
Related Book For
Auditing and Assurance Services An Applied Approach
ISBN: 978-0073404004
1st edition
Authors: Iris Stuart
Posted Date: