An auditor must use adequate procedures in an audit to detect any ille?gal acts of the company being audited.

Question

Quizplus · Accepted Answer

An auditor has a responsibility to detect any illegal acts, errors or fraud in the financial statements of the company being audited. This is achieved by using adequate audit procedures and techniques. The auditor must also report any illegal acts identified to the appropriate authority as required by law.

An Auditor Must Use Adequate Procedures in an Audit to Detect