
Auditing and Assurance Services 1st Edition by Iris Stuart
Edition 1ISBN: 978-0073404004
Auditing and Assurance Services 1st Edition by Iris Stuart
Edition 1ISBN: 978-0073404004 Exercise 21
Time Warner
Consider the "round-trip" transactions recorded by Time Warner described in the chapter.
a. Describe how the company committed fraud.
b. What type of fraud did it commit
c. What was the auditor's responsibility regarding this fraud
d. Evaluate the quality of information that outsiders received in 2000 and 2001 for Time Warner.
Consider the "round-trip" transactions recorded by Time Warner described in the chapter.
a. Describe how the company committed fraud.
b. What type of fraud did it commit
c. What was the auditor's responsibility regarding this fraud
d. Evaluate the quality of information that outsiders received in 2000 and 2001 for Time Warner.
Explanation
Audit:
The audit is the process of chec...
Auditing and Assurance Services 1st Edition by Iris Stuart
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