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What is the current authoritative guidelines for fraud detection in an audit? During which phase of the audit should the auditor consider fraud? Explain. Name

What is the current authoritative guidelines for fraud detection in an audit?

During which phase of the audit should the auditor consider fraud? Explain.

Name two risk factors related to fraud. For each risk factor list 2 or more schemes that the auditor should look for.

How does the risk assessment of fraud affect the audit?

If the auditor detects a misstatement due to fraud, what is the appropriate response?

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