Title: When assessing the risk for fraud, the auditor must be cognizant of the fact that Post by: tunisia81 on Jul 24, 2022 When assessing the risk for fraud, the auditor must be cognizant of the fact that
▸ the existence of fraud risk factors means fraud exists. ▸ analytical procedures must be performed on revenue accounts. ▸ horizontal analysis is not useful in helping to determine unusual financial statement relationships. ▸ the auditor cannot make inquiries about fraud to company personnel who have no financial statement responsibilities. Title: When assessing the risk for fraud, the auditor must be cognizant of the fact that Post by: olsondi on Jul 24, 2022 Content hidden
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