expand icon
book Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder cover

Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Edition 9ISBN: 978-0130459206
book Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder cover

Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Edition 9ISBN: 978-0130459206
Exercise 23
Which of the following characteristics most likely would heighten an auditor's concern about the risk of intentional manipulation of financial statements?
A) Turnover of senior accounting personnel is low.
B) Insiders recently purchased additional shares of the entity's stock.
C) Management places substantial emphasis on meeting earnings projections.
D) The rate of change in the entity's industry is slow.
Explanation
Verified
like image
like image

The probability of occurrence of an even...

close menu
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
cross icon