Are auditors responsible for searching for fraud while reviewing a public company's quarterly financial statements? Explain. If

Question:

Are auditors responsible for searching for fraud while "reviewing" a public company's quarterly Explain. If so, what specific fraud risk factors should the Grant Thornton auditors have considered while performing their review of Bankrate's for the second quarter of 2012?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...