Question: In your opinion, should auditors be required to report a material fraud (consider both a defalcation and preparation of fraudulent financial reporting) that was detected
In your opinion, should auditors be required to report a material fraud (consider both a defalcation and preparation of fraudulent financial reporting) that was detected during the audit to:
• Users of the company's financial statements?
• Regulatory agencies, such as the SEC?
• Law enforcement officials?
• The audit committee?
• The public press?
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