AUDITING & ASSURANCE SERV.>CUSTOM<W/AC
AUDITING & ASSURANCE SERV.>CUSTOM<W/AC
8th Edition
ISBN: 9781266045905
Author: LOUWERS
Publisher: MCG CUSTOM
Question
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Chapter 4, Problem 60EP

a.

To determine

Identify the distinction between management fraud and defalcation.

b.

To determine

State the responsibilities of auditor in detecting management fraud.

c.

To determine

State the characteristics of management fraud which audit team should consider based on auditing standards.

d.

To determine

Identify the factors that could raise concern of management fraud for auditors.

e.

To determine

Identify the circumstances which could lead to the disclosure of management’s fraud to other parties by the auditor?

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