ACC 576 WEEK 4 ASSIGNMENT 1
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Audit Planning and Activities
Write a three to four (3-4) page paper in
which you:
- Evaluate the extent of the fraud in question, and
suggest three to five (3-5) reasons why the independent auditors failed to
detect the fraudulent activity.
- Determine the level of responsibility of the auditors
to detect within the scope of the audit activities.
- Suggest the main audit procedures that the firm should
have performed to detect the fraud. Indicate your rationale behind your
suggested audit procedures.
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