Premium
Dealing with an independent auditor: What does he look for, and what are his own risks?
Author(s) -
Byington J. Ralph,
Christensen Jo Ann
Publication year - 1998
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.3970090211
Subject(s) - audit , business , auditor independence , accounting , inherent risk (accounting) , white collar crime , auditor's report , audit substantive test , external auditor , audit risk , internal audit , joint audit , political science , law
To deal effectively with an independent auditor, CFOs must understand the auditor's viewpoint and concerns. That is especially true when it comes to white collar crime. What red flags does the auditor look for? And how does auditing for these illegal activities put the auditor and his firm at risk?