Ask a relative or friend what they think auditors do. Are auditors expected to find all errors?
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Ask a relative or friend what they think auditors do. Are auditors expected to find all errors? Find all intentional errors? Find all unintentional errors (no matter how small)? Ask them to read the auditor’s report in Exhibit 2–1. Then ask whether this report meets their expectations of the auditor’s role. Does the auditor’s report meet your expectations if you were investing in the Thai restaurant illustration at the beginning of Chapter 1?
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There definitely seems to be more of an expectations gap in the private sect...View the full answer
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Related Book For 
Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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