- 1 Marks
AAA – L3 – SA – Q5.3 – Professional responsibility and liability
What should an auditor do upon suspecting fraudulent activity by a director?
Question
An audit engagement partner suspects that a director of a client company has been carrying out fraudulent activity. What would be the most appropriate immediate course of action?
A Challenge the suspected individual
B Report the suspicions to the audit committee of the client company
C Report the suspicions to the chairman of the board of the client company
D Seek legal advice
Find Related Questions by Tags, levels, etc.
Report an error
