Evaluate the facts and circumstances of the case using the Fraud Triangle. Discuss how auditors perform an

Question:

Evaluate the facts and circumstances of the case using the Fraud Triangle. Discuss how auditors perform an audit and assess risk when red flags exist that the may be materially misstated?
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...