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If one of the joint auditor commited fraud what wiill be the position of the remaining joint auditors


srinadh parasaram

srinadh parasaram

CA Inter

8K+

09-Feb-20 21:44

606

Answers (1)

If one of the joint auditors commits fraud and other auditors are not aware of it despite exercising professional care, they would not be responsible. However, for an opinion expressed on common areas, joint auditors would be responsible if they have not done the work with professionalism and care.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

10-Feb-20 05:57

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