159 paragraphs found
See ASA 230 Audit Documentation , paragraphs 8‑11 and paragraph A6 . …
Fraudulent financial reporting involves intentional misstatements including omissions of amounts or disclosures in the financial report to deceive financial report users. It can be caused by the efforts of management to manage earnings in order to …
Fraudulent financial reporting may be accomplished by the following: Manipulation, falsification (including forgery), or alteration of accounting records or supporting documentation from which the financial report is prepared. Misrepresentation in, or …
Fraudulent financial reporting often involves management override of controls that otherwise may appear to be operating effectively. Fraud can be committed by management overriding controls using such techniques as intentionally: Recording fictitious …
Misappropriation of assets involves the theft of an entity’s assets and is often perpetrated by employees in relatively small and immaterial amounts. However, it can also involve management who are usually more able to disguise or conceal …
Law, regulation or relevant ethical requirements may require the auditor to perform additional procedures and take further actions. For example, the APES 110 Code of Ethics for Professional Accountants (including Independence Standards) issued by the …