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FraudNews
06-02-2018, 12:44 AM
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Should auditors be held liable if they miss fraud? (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFUbUdXs_-doau9FyD4m8Adune-ug&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=iOgRW5iSIcHF3QH9sLZw&url=https://www.intheblack.com/articles/2018/06/01/auditors-liable-failure-detecting-fraud)
INTHEBLACK
One component of the external audit process is to assess the risk of material fraud and be aware of the potential for it, then take that into account when designing, planning and undertaking an external audit. Testing for fraud risk usually means a ...

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