Use of the A-IFRS and auditors has not eliminated the danger of inadvertent or deliberate fraud in financial statements.

Name: Use of the A-IFRS and auditors has not eliminated the danger of inadvertent or deliberate fraud in financial statements.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

While A-IFRS and auditors may help to detect and prevent fraud, they cannot completely eliminate the possibility of it occurring. Fraud can still be committed intentionally or unintentionally despite the use of these measures.

Use of the A-IFRS and Auditors Has Not Eliminated the Danger