The auditor assesses the reliability of the financial reporting of an organization by conducting the process called auditing. The auditor must check the frauds that happened in accounting and financial reporting and it is the duty of the auditor to report the frauds and errors. To identify: If the given statement regarding the auditor’s responsibility is true/false.

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Chapter 3, Problem 20TFQ

To determine

Introduction: The auditor assesses the reliability of the financial reporting of an organization by conducting the process called auditing. The auditor must check the frauds that happened in accounting and financial reporting and it is the duty of the auditor to report the frauds and errors.

To identify: If the given statement regarding the auditor’s responsibility is true/false.

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