Responsibility For Detecting Fraud – Audit Procedures And Mitigation Strategies

Audit Procedures for Detecting FraudDiscuss about the Responsibility for Detecting Fraud.
Audit of the financial statements has become one of the indispensable activity as this is the one which gives reasonable assurance to the users of the financial statements that it has been prepared on unbiased basis and is giving a true picture of the management and its accounts. While conducting or starting the audit, auditor needs to know the b…