Generally accepted auditing standards do
not require auditors of financial statements
to
a. Assess the risk of occurrence of errors
and fraud
b. Design audits to provide reasonable
assurance of detecting errors and frauds
c. Report all the findings of errors and
fraud to police authorities
d. Understand the nature or errors and
fraud
not require auditors of financial statements
to
a. Assess the risk of occurrence of errors
and fraud
b. Design audits to provide reasonable
assurance of detecting errors and frauds
c. Report all the findings of errors and
fraud to police authorities
d. Understand the nature or errors and
fraud