April 2018
Beginner to intermediate
880 pages
28h 54m
English
| Sources | Statements on Auditing Standards (SASs) 122 and 128. |
Source: AU-C 240.11
AU-C Section 240.10 states that the objectives of the auditor are to:
Although fraud is a broad legal concept, the auditor's interest specifically relates to fraudulent acts that cause a material misstatement of financial statements. Two types of misstatements are relevant to the auditor's consideration in a financial statement audit.