An auditor's duty of care to a client would most likely be breached if the auditor failed to:
A)meet their reporting deadline.
B)detect all of a client's fraudulent activities.
C)conduct the audit for the most competitive price.
D)comply with all relevant auditing standards.

Question

Quizplus · Accepted Answer

An auditor has a duty to comply with all relevant auditing standards, and failure to do so could result in a breach of their duty of care to their client. Meeting reporting deadlines and conducting the audit for a competitive price are important, but they do not necessarily impact the auditor's duty of care. Detecting all fraudulent activities is an important aspiration for an auditor, but it is not always feasible, and failure to detect every instance of fraud does not necessarily indicate a breach of duty.

An Auditor's Duty of Care to a Client Would Most