Which of the following most likely would cause an auditor to consider whether a clients financial statements contain material misstatements?
a. management did not disclose to the auditor that is consulted with other accountants about significant accounting matters.
b. the chief financial officer will not sign the management representation letter until the last day of the auditors field work
c. audit trails of computer generated transactions exist only for a short time
d. the results of an analytical procedure disclose unexpected differences
Ans: d. the results of an analytical procedure disclose unexpected differences
You might also like to view...
The actual success of a social marketing program should be evaluated in terms of the program objectives
Indicate whether the statement is true or false
Which of the following is a social factor that influences consumer buying behavior?
A) family B) life-cycle stage C) economic situation D) personality E) occupation