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Exposure Drafts, Comment Letters, and Statements of Position
Auditors -- Professional ethics -- Standards -- United States; Fraud
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Full-Text Articles in Business
Proposed Statement On Auditing Standards : The Auditor's Responsibility To Detect And Report Errors And Irregularities ;Auditor's Responsibility To Detect And Report Errors And Irregularities; Exposure Draft (American Institute Of Certified Public Accountants), 1987, Feb. 14, American Institute Of Certified Public Accountants. Auditing Standards Board
Proposed Statement On Auditing Standards : The Auditor's Responsibility To Detect And Report Errors And Irregularities ;Auditor's Responsibility To Detect And Report Errors And Irregularities; Exposure Draft (American Institute Of Certified Public Accountants), 1987, Feb. 14, American Institute Of Certified Public Accountants. Auditing Standards Board
Exposure Drafts, Comment Letters, and Statements of Position
Some recent business failures have caused the public to question whether auditors: (1) Have assumed sufficient responsibility to detect and report possible irregularities; (2) Have been sufficiently effective in detecting material errors and irregularities. The Auditing Standards Board is issuing this proposed statement on auditing standards to better serve the public interest by: (1) Expanding the auditor's responsibility to detect and report irregularities and (2) Improving the auditor's ability to detect material errors and irregularities (a) by discussing client characteristics that may increase the risk of material errors and irregularities and heighten professional skepticism concerning them and (b) by indicationg …