A major difference between financial statement auditors and fraud examiners is that most financial statement auditors:
A) match documents to verify whether support exists for recorded information.
B) determine whether the documents are originals.
C) determine whether the expenditures make sense.
D) check whether all aspects of the documentation are in order.

Question

Quizplus · Accepted Answer

Financial statement auditors typically focus on verifying the accuracy and completeness of financial statements through the inspection of supporting documents. Matching documents to verify whether support exists for recorded information is a common procedure for auditors. Fraud examiners, on the other hand, focus on detecting and investigating fraudulent activities and may use a wider range of techniques and sources of information beyond traditional financial documents.

A Major Difference Between Financial Statement Auditors and Fraud Examiners