Transcription of AU Section 316 - AICPA
{{id}} {{{paragraph}}}
Example: stock market
AU Section 316 - AICPA
Consideration of Fraud in a financial Statement Audit1719AU Section 316 Consideration of Fraud in a FinancialStatement Audit(Supersedes SAS No. 82.)Source: SAS No. 99; SAS No. for audits of financial statements for periods beginning on or afterDecember 15, 2002, unless otherwise and 110,Responsibilities and Functions of the Independent Audi-tor, paragraph .02, states, "The auditor has a responsibility to plan and performthe audit to obtain reasonable assurance about whether the financial state-ments are free of material misstatement, whether caused by error or fraud.[footnote omitted]"1 This Section establishes standards and provides guidanceto auditors in fulfilling that responsibility, as it relates to fraud, in an audit offinancial statements conducted in accordance with generally accepted auditingstandards (GAAS).
Consideration of Fraud in a Financial Statement Audit 1721 [Revised, April 2007, to reflect conforming changes necessary due to the is- ... sign and implement programs and controls to prevent, deter, and detect fraud.3 That responsibility …
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: