Explain why auditors usually emphasize the detection of fraud in the audit of cash receipts. Is this

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Explain why auditors usually emphasize the detection of fraud in the audit of cash receipts. Is this consistent or inconsistent with the auditor's responsibility in the audit? Explain.

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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 07:46 AM

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Explain why auditors usually emphasize the detection of fraud in the audit of cash receipts. Is this

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Cash is the most liquid asset that a company owns and thus it is the most likely target of ...View the full answer

Auditing and Assurance services an integrated approach

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