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Ma'am, Will it be OK if we add about external confirmation. As the question wasn't directly indicating to fraud . I was thinking to add external confirmation too means that auditor all first confirm from that consultation firm and then we can right about fraud too Will it be OK? Video Details Standards on Auditing - CA Final SA 240 - Auditor's Responsibility towards Fraud 16. Questions - 3


Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

2K+

11-Feb-24 11:53

107

Answers (3)

ANjarul

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Anjarul Sk

Anjarul Sk

CMA Foundation

5

11-Feb-24 12:22

Approaching consultation firm directly is not possible. Auditor needs to inform the management about the same before seeking confirmation. Fraud may not be detected.


Pradnya Bajaj

Pradnya Bajaj

Faculty

11-Feb-24 18:17

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