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Cadish Cadish
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Posts: 694
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6 years ago
According to the CICA Handbook, the auditor's responsibility for failure to detect fraud arises
A) when such failure clearly results from failure to comply with generally accepted auditing standards.
B) whenever the amounts involved are material.
C) only when the examination was specifically designed to detect fraud.
D) only when such failure clearly results from negligence so gross as to sustain an inference of fraud on the part of the auditor.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
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charleshardtcharleshardt
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6 years ago
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Cadish Author
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Smart ... Thanks!
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