n informs the auditor that they have now implemented a process to correct a serious nonconformity that the auditor found on the first day of a two-day Stage 2 audit. Th
n informs the auditor that they have now implemented a process to correct a serious nonconformity that the auditor found on the first day of a two-day Stage 2 audit. Th
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 12MC: The external auditor of a company has certain requirements due to Sarbanes-Oxley. Which of the...
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Question
At the closing meeting, a representative of the top management of the auditee
organisation informs the auditor that they have now implemented a process
to correct a serious nonconformity that the auditor found on the first day of a
two-day Stage 2 audit. The representative of top management proposes that
the auditor examine the process during the meeting and then withdraw the
nonconformity report. How should the auditor respond?
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