It Is a Criminal Offence for an Auditor To

question 56

Multiple Choice

It is a criminal offence for an auditor to:

• A) conduct an audit without due care.
• B) fail to detect material fraud.
• C) withhold information from the client.
• D) contravene the independence requirements in the Corporations Act.

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Definitions:

Influencing Outcomes

The ability to affect the results or consequences of a situation or course of action.

Standards

Established norms or criteria that specify the expected levels of quality, performance, or conduct for products, services, processes, or behavior.

Success

The achievement of a set goal, target, or intended outcome.

Evaluating Results

The process of analyzing the outcomes of actions or decisions to determine their effectiveness and learn from them.