In the context of ISA 240, (The auditor's Responsibility to consider fraud and error in an audit
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Question:
In the context of ISA 240, (The auditor's Responsibility to consider fraud and error in an audit financial statements):
a. Define:
i).Fraud:
ii).Error
b. Obtain the respective responsibilities of an entity management and the external auditor with respect to the prevention and detection of fraud and error.
c. Outline the procedures an external auditorshould follow if he suspect that fraud or error have been perpetrated
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0134065823
16th edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
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