A common type of legal action against auditors is for failure to detect a defalcation. Describe the

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A common type of legal action against auditors is for failure to detect a defalcation. Describe the auditor's responsibility for such discovery.

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Auditing Assurance Services and Ethics in Australia an Integrated Approach

ISBN: 978-1442539365

9th edition

Authors: Alvin A Arens, Peter J. Best, Greg Shailer, Brenton Fiedler

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Question Posted: Mar 28, 2017 11:08 AM

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A common type of legal action against auditors is for failure to detect a defalcation. Describe the

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The auditor should assess the risk that errors and irregularities may cause a clients fi...View the full answer

Auditing Assurance Services and Ethics in Australia an Integrated Approach

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