Auditors should take a more combative position and start with presumptive doubt and a more sceptical frame

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Auditors should take a more combative position and start with presumptive doubt and a more sceptical frame of mind, even though past experience of the FD and client staff has never revealed any cause for suspicion. Discuss the extent to which the requirement to adopt a different approach will increase the auditor’s responsibility for detecting fraud.

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Financial Accounting And Reporting

ISBN: 9781292255996

19th Edition

Authors: Barry Elliott, Jamie Elliott

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