WHEN AUDITORS SUSPECT THAT FRAUD MIGHT EXIST, THEY SHOULD INFORM THE MANAGEMENT LEVEL THAT APPEARS TO BE AT LEAST ONE LEVEL ABOVE THOSE INVOLVED. SPECIFIC CONDITIONS THAT WOULD ALERT THE AUDITOR TO THE POSSIBILITY OF FRAUD DEPEND ON THE CIRCUMSTANCES. FOR EXAMPLE, SUBSIDIARY LEDGERS THAT DO NOT ...
The internal auditor's function is to assist management in deterring fraud. To fulfill the responsibility, the internal auditor esamines and evaluates the adequacy and effedtiveness of controls that may prevent fraud. The risk associated with the unit is considered as the internal auditor determines...
“The Impact of SAS no. 82 on Perceptions of External Auditor Responsibility for Fraud Detection.” International Journal of Auditing 2 (2): 167–182.DeZoort, F. T., and T. A. Lee. 1998. The impact of SAS No. 82 on perceptions of external auditor responsibility for fraud detection. ...
200INTERNATIONAL STANDARD ON AUDITING 240 THE AUDITOR’S RESPONSIBILITY TO CONSIDER FRAUD AND ERROR IN AN AUDIT OF FINANCIAL STATEMENTS CONTENTS Paragraph Introduction... 1-2 Fraud and Error and their Characteristics... 3-9 Responsibility of Those Charged with Governance and of Management... 10-12...
In this respect, the auditor's role to prevent and detect fraud is a very important part of his/her job because of the use of advanced and complex computer systems. As a consequence, this paper is concerned about fraud, based on the primary responsibility for prevention and/or detection of...
Auditors are not responsible for transactions that occur after the date of their reports. Moreover, they are not necessarily required to detect all instances of fraud or financial misrepresentation; that responsibility primarily lies with an organization's management team. ...
The auditor has no responsibility to plan and perform the audit to obtain reasonable assurance that misstatements, whether caused by errors or fraud, that are not (C) are detected. 审计师没有责任计划和执行审计工作,以对那些由错误或者舞弊导致的错报获得合理保证,这些错报并不 ( )...
both external and internal financial auditors can typically move into more senior positions with responsibility for complex audit projects. Senior financial auditors plan audits and lead audit teams to complete projects. Depending on the organization, an opportunity for advancement into higher-level managem...
Keywords: financial fraud , the responsibility of the auditor , Big 4 , influence factors , multiple correspondences factorial analysis , logistic regression analysis. Full-Text Cite this paper Add to My Lib Abstract: The recent famous financial frauds have demonstrated that in many cases the au...
Corporate governance has already evolved from a “profit-centered model” to a “social responsibility model” [1]. For example, now CEOs have the role of undertaking proper resource allocation and strategic decision making related to CSR. Prior studies mention that CEO characteristics could explain...