If an auditor discovers evidence of fraud,the planned audit procedures should be adjusted accordingly.

Question

Quizplus · Accepted Answer

If an auditor discovers evidence of fraud, it is necessary to adjust planned audit procedures accordingly to examine the areas where fraud might have occurred and to gather additional information or evidence. This may involve expanding the scope of the audit, increasing the frequency of testing, or conducting different audit procedures altogether. Ignoring the evidence of fraud and proceeding with the planned audit procedures could lead to an incomplete or inaccurate report.

If an Auditor Discovers Evidence of Fraud,the Planned Audit Procedures