Management Notes

Reference Notes for Management

As per AAS-4 if auditor detects an error then –

As per AAS-4 if auditor detects an error then –

As per AAS-4 if auditor detects an error then –

 Options:

a) He should inform the management.
b) He should communicate it to the management if it is material
c) The auditor should ensure financial statements are adjusted for detected errors.
d) Both (b) and (c)

The Correct Answer Is:

d) Both (b) and (c)

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