Which of the following is NOT something external auditors are expected to do in looking for fraud?
A) Assessing the control environment of the organization
B) Evaluating internal controls
C) Considering audit risk and materiality
D) Evaluating management's commitment to serve the public interest

Question

Quizplus · Accepted Answer

While external auditors are expected to evaluate many aspects of an organization, including assessing the control environment, evaluating internal controls, considering audit risk and materiality, and detecting fraud, they are not specifically tasked with evaluating management's commitment to serve the public interest. This is more of a broader ethical consideration that may be taken into account when deciding whether to continue working with a client, but it is not directly related to fraud detection.

Which of the Following Is NOT Something External Auditors Are