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IrinaK [193]
2 years ago
5

Isn't the auditor's primary responsibility to detect all kinds of fraud at the client?

Social Studies
1 answer:
Solnce55 [7]2 years ago
3 0

It is not the auditor's primary responsibility to detect several kinds of fraud.

Fraud is a general legal term for intentional deception intended to take another person's money or rights away from them. The role of the auditor does not include fraud detection across the board.

In order to gain a reasonable assurance that the financials are free from major misstatements caused by fraud or error, the auditor executes auditing processes. solely interested in uncovering fraud that results in substantial misrepresentation.

In order to acquire a reasonable assurance that the financial statements are free of substantial misstatement, whether brought on by fraud or error, the auditor has a responsibility to plan and carry out the audit.

To learn more about auditor here: brainly.com/question/28457117

#SPJ4

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