Distinguish between the terms errors and fraud. What is the auditor's responsibility for finding each?

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Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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Question Posted: Oct 10, 2012 07:18 AM

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Distinguish between the terms errors and fraud. What is the auditor's responsibility for finding each?

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An error is an unintentional misstatement of the financial statements Fraud represents ...View the full answer

Auditing and Assurance services an integrated approach

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