What responsibility does an auditor have to uncover fraud perpetrated by client management? Discuss factors that mitigate

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What responsibility does an auditor have to uncover fraud perpetrated by client management? Discuss factors that mitigate this responsibility and factors that compound it. Relate this discussion to Arthur Young’s audits of Lincoln.

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Contemporary Auditing

ISBN: 978-1285066608

8th edition

Authors: Michael C. Knapp

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Question Posted: Oct 02, 2014 07:32 AM

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What responsibility does an auditor have to uncover fraud perpetrated by client management? Discuss factors that mitigate

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AU Section 11002 as well as AU Section 31601 of the PCAOB Interim Standards succinctly summarizes an auditors responsibility for fraud detection The a...View the full answer

Contemporary Auditing

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